Entrepreneurship is a risky career choice because there are no guarantees of success. According to fundera 20% of startups fail in the first year, 30% fail in 2nd year, and 50% fail in 5 years that’s why entrepreneurship is a risky career choice. To run a successful business entrepreneurs must have to take all the risks, invest their own money, and work tirelessly. The failure rate of new businesses is high, and many entrepreneurs face significant financial losses and personal sacrifices.