According to your text, some estimates indicate that only about 5 percent of new products actually succeed.
Success is the act or circumstance of fulfilling a specific set of demands. It might be thought of being success' antithesis. The standards for success vary on the situation and could be specific to a certain observer or belief system.
A common definition of success is the capacity to realize your life's objectives, whatever they may be. Success may sometimes be better described as attainment, accomplishment, or advancement. It is a journey rather than a destination that aids in the development of the abilities and assets you need to succeed.
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