You're the Boss

When people talk about starting new businesses, they sometimes cite the rate of failure—as if budding entrepreneurs must be crazy to take the risk. The truth is that, historically speaking, the odds don’t heavily favor failure or success. Of all the new businesses started between 1977 and 2000, close to 49 percent survived the first five years, according to U.S. Census data. That’s almost half.

So whether that figurative glass is half full or half empty rests entirely on your perception. However, if controlling your own schedule and income sounds crazy, then who wants to be sane?

With so many types of business opportunities, figuring out which is best for you can be overwhelming. We’ve summarized a few and provided more resources to continue your research at SUCCESS.com.