When Launching a Company, Consider These 5 Things

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While entrepreneurship is in vogue (2012 was a 14-year high), the success rate for new businesses is disheartening. Indeed, according to the Small Business Administration, only about half of all establishments survive five years or more. There are numerous reasons for failure, but ”lack of experience” tops the list. Fortunately, the entrepreneurial ecosystem is not a zero-sum game, and you can learn from other entrepreneurs around you.

As the co-founder of payroll service ZenPayroll, here are five lessons I’ve learned through my own startup experience.

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