Business Mortality Quotes

Ten percent of American businesses disappear every year. ... It's far higher than the failure rate of, say, Americans. Ten percent of Americans don't disappear every year. Which leads us to conclude American businesses fail faster than Americans, and therefore American businesses are evolving faster than Americans.

Many companies don't exist after 25 years. It's a rarity. Or if they do exist, they're like IBM, with a totally changing personality.

We all know the mortality of companies is less than human beings.

You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades.

It isn't that every company is going to be successful. The law of averages shows that 80% of companies are going to fail.

There are many businesses that are born and die. A university is supposed to live forever.

Small companies tend to go out of business. Large ones don't.

We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality.

Walk around any shopping mall, and you will see stores and restaurants opened six months ago and are - that are now closing. In the life of a company, eight years is an eternity.