Thomas P. Rood, Paycheck Independence Day
Many people will tell you that if you want to get rich, you have to start your own business. According to the SBA Office of Advocacy, in 2009 there were over 27 million businesses in the United States. It appears a lot of people want to get rich.
Once you take the plunge and start your own business, what is your chance for survival? According to the SBA, 69% of new firms started in 2000 or later survive at least two years and 51% of those firms survive at least five years. In the short-term, your chances for survival are actually quite good.