What Are The Odds
I've been reading a book as research for a wonderfully terrifying endeavor Jason and I are working on* and I came across a section that talks about the poor odds of a small business succeeding.
*More on this soon, I promise! There is lots of good stuff a-brewing.
I couldn't help but chuckle.
That's supposed to scare me? You wanna talk to me about long odds? So I did some digging. (Okay, googling.)
For every 10,000 kids in the US, 1 or 2 will be diagnosed with cancer each year.
That's a 0.01-0.02% chance.
Let's narrow it down to osteosarcoma, my childhood cancer. In the US, there are about 5.6 diagnoses per million people each year.
That's a 0.00056% chance.
About 2 out of 10,000 people will be diagnosed with lung cancer before the age of 40.
That's a 0.02% chance.
Now recall that I have a rare driving mutation, ROS1, that occurs in about 1-2% of non-small cell lung cancer.
Then there are the gulp-worthy stats about lung cancer survival times, and I have already (THANKFULLY, CONTINUING TO KNOCK ON WOOD) made it to the good side of the median.
For something more fun, let's consider the odds of having identical twins: 3 in 1,000, or about 0.3% chance.
The odds of all of these things happening to the same person?!?
All of this is to say that when I read that 80% of small businesses fail within a year, I see that 20% are still around a year later! Those are some of the best odds I've dealt with in a while.
I don't mean to be cocky, it's just that odds have continually proven to be meaningless to me. Also, tomorrow is my 3-month scan, so I think the nerves are making me punchy. Fingers crossed for good results on Tuesday! Let's keep beating the odds.
*More on this soon, I promise! There is lots of good stuff a-brewing.
I couldn't help but chuckle.
That's supposed to scare me? You wanna talk to me about long odds? So I did some digging. (Okay, googling.)
For every 10,000 kids in the US, 1 or 2 will be diagnosed with cancer each year.
That's a 0.01-0.02% chance.
Let's narrow it down to osteosarcoma, my childhood cancer. In the US, there are about 5.6 diagnoses per million people each year.
That's a 0.00056% chance.
About 2 out of 10,000 people will be diagnosed with lung cancer before the age of 40.
That's a 0.02% chance.
Now recall that I have a rare driving mutation, ROS1, that occurs in about 1-2% of non-small cell lung cancer.
Then there are the gulp-worthy stats about lung cancer survival times, and I have already (THANKFULLY, CONTINUING TO KNOCK ON WOOD) made it to the good side of the median.
For something more fun, let's consider the odds of having identical twins: 3 in 1,000, or about 0.3% chance.
The odds of all of these things happening to the same person?!?
All of this is to say that when I read that 80% of small businesses fail within a year, I see that 20% are still around a year later! Those are some of the best odds I've dealt with in a while.
I don't mean to be cocky, it's just that odds have continually proven to be meaningless to me. Also, tomorrow is my 3-month scan, so I think the nerves are making me punchy. Fingers crossed for good results on Tuesday! Let's keep beating the odds.
Comments
Post a Comment