Grinder Gym has been in business now for 15 years. Many ups and downs along the way, but we’re holding strong.
Approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or more.
There are undoubtedly many reasons why businesses fail. I have just focused on my reasons for success.