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If Your First Business Doesn't Succeed . . .

Then it's time to try, try again. Here's how to start over when your biz fails.

This story appears in the November 2002 issue of Teen Startups.

( - You've heard the statistics: Halfof all new businesses fail in the first year. And of those thatsucceed, only 25 percent make it five years or longer.

Sure, you think to yourself, you've seen the numbers. Andwhile you feel for the entrepreneurs that those stats apply to,well, truth be known, you just don't see yourself in thatcategory.

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