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The Rebel Entrepreneur by Jonathan Moules

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Chapter Eight

Failure is not failure if you learn

One of the implicit problems with writing a self-help book, as this one might be perceived to be, is the assumption that following any of the guidance given within its pages will guarantee success. If only life were so simple.

One of the core principles of this book is that rebel entrepreneurs are a rare breed. One of the main reasons for this is the high failure rate among all start-ups. A study in the UK, for example, found that, for every 100 VAT-registered businesses set up in 1995, only 32 were still registered in 2005. (And among small new companies that are not registered for VAT the failure rate is much higher, as mentioned in the Prologue.)

Not only do most new businesses close within ...

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