How likely is an online business to succeed?
It really depends on the business. Some businesses are more likely to succeed than others. Generally, businesses that have a passionate owner who is also knowledgeable about the industry have a higher chance of success than those that don’t.
Additionally, businesses that offer a unique product or service that isn’t easily replicated have a better chance of succeeding online. So it really varies, but those are two key ingredients for success in most cases.
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