Business startup are in decline, but not actually dying. So many people want to get out there and start up their own business but the competition is so stiff that it's almost impossible for them to make a profit. Businesses like facebook and Google have almost unlimited resources and can do whatever they want, even if they fail. Businesses like Walmart have been doing this since they started which is making a company that has everything and squeezing out the little guy.
It is incredibly difficult to grow a small business into a large corporation because of what the big guys are doing. And you will learn this fairly quick if you're competing with them. I also don't believe anymore that we, the United States of America, are not a country driven by small businesses but in fact it's the large corporations and banks that decide everything (but that's pretty easy to see now).
When it comes to the saying "A little fish in a big pond" you have to realize that there are the sharks out there as well, and those sharks are the one taking up the space in the pond which are also eating the little fish. For this reason alone, small business startups are not able to survive in the world as much as they use to.
When you're a little fish you just want to swim in the pond and not worry about the sharks. But that's not always the case, you have to be on the defensive sometimes and you can't even do that if a big corporation moves into your waters. I do believe that one of the main reasons that small businesses fail isn't just because of the big sharks but because they owners don't properly know how to run them. Some people found a startup because they want to be like Mark Zuckerberg or Steve Jobs and just be a billionaire overnight but they don't know anything else other than they want to be rich. They invest money into something that isn't well researched and then complain about not being successful.
Some of these new start ups lack work ethic as well. I've seen business owners claim they are successful but they haven't done anything with their company to evolve it or push it forward in the last 12 months. They're basically stagnant and have the mentality "if it isn't broke, don't fix it". But what if you're doing is already broke and you think it's not? You're losing out on so many things and you could actually be a contender for the top authority in your market if you just invested time and got some damn work ethic lol. In general, anyone can start a business today as long as you fill out a few files and pay a registration fee, but that doesn't mean you'll be successful.
The real myth is that you can be successful if you own the company. Even if you're the smartest person in the room, you could potentially fail with a start up if you don't have a decent work ethic and see what's broken before it kills your company. You can never get complacent either, you always need to be evolving your business in order to stay fresh.
When it comes to someone wanting to start up a business, I'll all for it. I will also tell them what could happen and that they might not be happy with the outcome. Usually they just shrug it off and tell me that they will be just fine, but that's their arrogance playing a vital role in how they see a startup being ran.
Some people will start their own company because they can, not because they should. For this simple reason I think that the startup era is in decline, not essentially dying. The people who are putting together a startup because they want to be successful and also be their own boss while knowing the work that is involved and the long hours are the ones who should be doing this. The ones who had a good idea to sell something probably shouldn't go with a startup but rather a platform such as etsy, ebay, amazon, etc.
People starting up successful businesses is far from over, but we're currently saturated by people thinking they can strike it rich online because they saw a story on facebook or TV saying how someone sold $1.2million in necklaces or something small that costs a few bucks. The click bait is real and you need to learn how to ignore it lol.
I really don't think that startups are dying, but they certainly are in decline. They are in decline because people are afraid to strike out on their own when there are sharks like Walmart out there taking over every physical business and facebook or Google taking over everything online. There is space for everyone, you just need the proper "shark repellent" in order to find you space in the pond