Business owners spend almost a year pitching idea before finding success
(World News UK)

BUSINESS owners endure 11 months of pitching, six reinventions of their business model and four years of work before finding success. A study of 1,000 SME owners found they faced an average of nine major obstacles and 17 pitches – 29 per cent of which were a failure – on their journey. 1 And 42 per cent admitted they suffered more setbacks than they had initially anticipated when starting out. More than half said they often felt like giving up on the road to success, an average of eight times. The research commissioned by small business loan platform Funding Circle also found 32 per...