95% of Businesses Fail

I might be going to KL tomorrow for business. My colleague and I will meet up with a potential client there before we come back to Penang after 1 or 2 days there. Just last week, I was also in KL, also for business. It is good to have a thriving business where we can get enquiries now and then and some serious customers wish to meet up with us for the project. The only way to be rich is through investment, inheritance, marrying into rich spouse and doing a successful business. You can also be wealthy if you have a specialist talent and knowledge like being a lawyer, doctor, engineer, accountant, etc. but working for other people is slower to be rich compared to doing your own business. Unfortunately, 95% of businesses fail in the first 5 years of operation and have to wind down. Only the remaining 5% will strike it rich.