Entrepreneurs On IG on Instagram: "About 20% of new businesses shut down in their first year, and nearly half don’t survive past five years, showing how hard it is to build something that lasts. According to Mark Cuban, the main reasons businesses fail include poor sales, lack of preparation, and insufficient effort. Success in business is rarely about luck. It comes from steady effort, practical decision-making, and making meaningful adjustments to keep the company alive when challenges arise.