Forbes Entrepreneurs:
An oft-cited study estimates that just two-thirds of all start-ups see their second birthdays, and less than half make it to their fourth.
Whatever the exact figures, no one would argue that scores of budding new ventures die on the vine. One of the most common killers: lack of focus.
With precious few resources to expend, hewing to a specific, well-defined vision is critical for start-up companies. When entrepreneurs attack too many problems or chase too many opportunities at one time, they often end up with nothing to show for it.
Why do so many entrepreneurs lose focus? Find out here.
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