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Old 04-08-2007, 12:39 PM   #17 (permalink)
Brutha
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Join Date: Nov 2006
Location: Berlin, Germany
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Quote:
"Once you've hit five years, your odds of survival go way up," Birch said. "Only two to three percent of businesses older than five shut down each year.
Someone who is that bad with math shouldn't be trusted when he publishes a statistic.
If after five years 50% shut down and after sixt 47% shut down, then 6% of those who lived after five years shut down the sixt year.
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