Stats have indicated that 95% new businesses fail in their first 5 years of their inception and the only reason they fail is because they want to learn their own lessons. They don’t want to learn from others mistakes.
Specially Employees who turn entrepreneurs are covering themselves with this IKE cover. IKE is I KNOW EVERYTHING Cover. So much so that, just because they have been a successful employee, they assume that they will be successful entrepreneurs.
Just because as an employee they had a package of 20 – 30 – 40 L, they assume that in entrepreneurship they will make 10 times more money until reality strikes.
I was one such employee and in this episode I talk about how my IKE myth was broken. Listen on. (above)