Best Practices for Entrepreneurs Pursuing International Diploma in Creating and Sustaining a Business

Are you an aspiring entrepreneur looking to pursue an international diploma in creating and sustaining a business? Here are some best practices to help you succeed in your journey:

Best Practices	Statistics
1. Develop a solid business plan	According to a study, businesses with a well-developed business plan are 16% more likely to succeed.
2. Conduct market research	Research shows that 42% of businesses fail due to lack of market demand.
3. Build a strong network	Entrepreneurs with a strong network are 10 times more likely to succeed in their ventures.
4. Stay adaptable	Studies have shown that 70% of successful entrepreneurs are willing to pivot their business model when necessary.
5. Invest in continuous learning	Entrepreneurs who invest in their education are 50% more likely to achieve business success.

By following these best practices, you can increase your chances of success as an entrepreneur pursuing an international diploma in creating and sustaining a business. Remember, entrepreneurship is a journey filled with challenges, but with the right mindset and strategies, you can achieve your goals.

Source: Data compiled from various studies on entrepreneurship and business success.