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Well, if you wanted to be a real geek about it, given n attempts, your chances of a single success are 1 - (.95 ^ n)... but I'd also like to think that an entrepreneurial endeavor is not pure chance.



> I'd also like to think that an entrepreneurial endeavor is not pure chance.

Agreed, I don't think you'll ever succeed in your business attempts if you're not providing something new, original or just not established in the area. You'll make a killing opening a coffee shop in a moderate sized town - as long as there's not 3 Starbucks already there.

There's a lot to business beyond the idea, hence it's important to be a businessman once you've succeeded your entrepreneurial dream of getting a company started. You don't want your company to fail just because you fucked up and didn't file your taxes.


So, one needs just about 13.5 attempts to attain 50% chance of single success:

http://www.wolframalpha.com/input/?i=0.5+%3D+1+-+%28.95+^+n%...




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