The Traderszone Network

Published in TZ Latest News 2 July, 2017 by The TZ Newswire Staff

1 Way Entrepreneurs Kill Their Startups

Image source: Getty Images.

We all hear about, and read the success stories of, entrepreneurs who maxed out their credit cards to fund their start-up costs. But the reality is, these are edge cases. In fact, research has shown that, for every $1,000 increase in credit card debt, the probability that a start-up will not survive increases by 2.2 percentage points. 

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