There’s varying answers to the question of how long an average company lasts, but the general consensus is about 10-15 years, according to Yale University. That’s not very long, is it? Between mismanagement, changing times and economies of scale, running a business isn’t as cut-and-dried as you’d think and keeping things afloat is one hell of a challenge.
Which is what makes these companies so amazing. Some of them have been around longer than the counties that sprung up around them, and that’s saying something. It’s not easy to run a business, so these guys must be doing something right to have lasted his long.