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EnteringStartup

People start businesses for all kinds of reasons. Some expect to get rich, some want to be their own boss, some want to follow their passion and some want to control their own destiny (or at least try). Many have one thing in common; they fail. More than half, depending on whose number you use and how much time you give it.

When I started my business in 1978, there was very little information out there on how to start, expand and operate a small business. As a matter of fact, even the word entrepreneur was barely used, and if it was, it was often used disparagingly — as to describe the guy on the corner who was selling watches under his sleeve.

To read the full, original article click on this link: So You Want to Start a Business - NYTimes.com