Aaron Vick

New figures state that 50% of businesses with employees will survive their fifth year in business.

That’s a little bit better than the previous baseline rate of 50% failure in four years of business. Still, for anyone looking to launch their own startup business, that’s a lot of pressure on your shoulders.

There are so many factors that go into running a successful business startup, having a great idea is a bare minimum. There are a lot of great ideas out there, even game-changing inventions. You see them all the time on Shark Tank, for example.

Getting that great idea into the perfect business environment that has all the tools of success is the hard part. Don’t make the same mistakes that hundreds of other startups have already made. Learn from these seven lessons early on to avoid the same pitfalls.

1. Prioritize Research

Driving purely off of passion for our own dreams and

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