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How long does it take for a business to have long term stability?

King Belieal

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When it comes to a business being stable, I think that is one of the most vital things for a business that would become a global brand. For a business to have achieved long term stability, it needs to run for at least 10 years.

How long should a business run for it to be said to have achieved long term stability?
 
There is no guarantee that the length of business operations will create long-term business stability, many companies that have been running for a long time but went bankrupt, even Binance has been operating globally and is well-known for less than five years.
 
I think there is no definite time period for a business to become stable. But one thing for sure is a business is not stable within the first two years while it is still building up awareness and get loyal customers. That said, even businesses which have been running for a number of years cannot guarantee that it is stable. The business world is uncertain.
 
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