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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.