Ultimately, your success in starting any online business venture will be based upon the measure of your faith.

Beginning a new online business venture can be risky, dangerous, and stressful. However, with the proper preparation, the correct knowledge, and the counsel of a mentor or trusted adviser. It can be a therapeutic and highly pleasing experience.

I passionately believe that with God, all things are possible to him who believes! For we walk by faith and not by sight. (2 Corinthians 5:7)

There’s a reason so many of America’s most successful people are entrepreneurs who started their own businesses and then saw them take off to unbelievable heights.

There’s a reason for the world’s “rags to riches” stories continue to inspire thousands of entrepreneurs every day.

There is a reason some of America’s most outstanding companies started with an idea, Insufficient seed capital, and an individual who also had an insane belief in the potential of an idea.

Along with willpower and consistency, and then saw it through to realization.

However, for every success, there are hundreds of failures.

The statistics are not only sobering but alarming. More than half of all businesses started today will fail.

The failure rate could be better. Take a look at the recent U.S. Bureau of Labor Statistics data. And this is what you will discover.

After two years, 44 percent of all new businesses are no longer in business across all sectors.

After four years, 66 percent no longer exist. And these survival rates don’t vary much by industry.

What do the statistics tell us?

Most new businesses, whether created on the most brilliant idea. Online or offline.

Such as a brick & mortar establishment. Since the theory of relativity. Or the production of a routine. But with skillfully necessary business components at the same time.

They are still making fatal mistakes that will eventually lead them to bankruptcy. This much is sure.

If more than half of all new ventures fail, some lessons still need to be learned.