I've heard similar stats,

Thanks 4 the encouragement. it's like 99.9% of new businesses fail. Unlike a traditional retail business, where you can see your customers, being in the channel am haveing a tough time just getting the business moving and finding all the right companies to work with & negotiating terms. But yeah, its not even just starting a business. Even the manufacturing biz is tough right now. There's a deal i'm working on, for the next 3-4 years, but just getting pounded on the negotiations, but if successful, it adds about 200-300 workers in our factory workforce.

JDP corporation, so i guess i have 1 failure so far. 2 more to go! =D