There is nothing more inspiring, more motivational, and more downright impressive in today’s economy than a successful business owner. Every day, businesses seem to spring up in cities across the country, and every day, still more are closing their doors. As a matter of fact, according to the Small Business Administration, 7 out of 10 new businesses only survive about two years, and 51% last only about five. Why? Bad ideas, poor management, poor planning… But when it comes down to it, a lot times what makes or breaks a business is competition.
Think about it: There are stores, shops, and businesses for everything from clothes, to cats, to cutting boards. If there weren’t so many other options for consumers, those businesses even with poor management might stand a better chance. But the reality is, competition is fierce in the business world, particularly in an economy where people are still a bit apprehensive to spend. As they say, only the strong survive.
Austin, Texas in particular is simply filled with all kinds of businesses—including Mango’s headquarters! So we thought, why not step outside of the office and talk with some of these business owners and share their stories? And so in today’s video, we’ll do just that. Meet Andrew Augustin, the founder of Notion Games. He and his team started from humble beginnings and have just released their first iPhone game: Up Up Ubi!
Check out the video below.
Have you started your own business? Are you thinking about it? Comment below and share your story!