The numbers aren't pretty.
While some two-thirds of small firms make it past the two-year mark, just 44% can hack it for four years, according to the latest data from the Bureau of Labor Statistics. And by "hack it," we're just talking survival rates here: Plenty of those "survivors" are choking down ramen noodles to keep the lights on.
If those odds don't scare you off, consider too that some industries may be inherently tougher to crack than others. Your friends might think that you rival Mario Batali in the kitchen, or that you can go sole for sole with the likes of Kenneth Cole (nyse: KCP - news - people ). But the sober truth is that it takes more than talent to run a restaurant, a clothing boutique and a host of other ventures. Sadly, some of the most enticing industries are also the riskiest.