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STUPID ARTICLE!. If this is just a compendium of why companies fail. A waste of web space. If this is a informative article for business poeple to avoid the mistakes to stay afloat. This will barely do justice!. Contrary to the article the simple essense of business is Demand Vs. Supply. The issue with companies is either too much demand too much supply at one time so some one gotta lose!. Inspite of leadership or strategy and so on companies will fail or even succeed. For eg., Government run companies run still albeit successfuly (you could say that) inspite of lack of committment or responsibility, also companies that have monopoly will succeed too with bad customer service. There is no easy exact number of companies for exact number of supply and demand!. Starting out a company is trying out your luck and skill in the already flooded market. If you are in the right place at right time you are fine it is as simple as that!.