When entrepreneurs come to me, I always point out the following:
1) The chances of a venture-backed startup being a hit and returning meaningful wealth are about 1 in 10.
2) You're likely to have about 20-25 years in your career where you can found a company.
3) Each time you found a company, you're going to end up spending 4-5 years of your life on it.
4) Therefore, the equation for entrepreneurial wealth is the following: You have a 10% chance of success per startup, and you get 5 swings to hit it out of the park.
To read the full, original article click on this link: Entrepreneurship is about happiness, not wealth | CloudAve
Author: Chris Yeh
