Tampa startup iTrekkers shuts down

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    Tom Mulliez is heartbroken but convinced he made the right decision in shutting down iTrekkers, his startup outdoor adventure business.

    Mulliez pulled the plug on the company on Jan. 15, about four years after launching it and a few months after a significant pivot in business strategy.

    iTrekkers is not alone. Just over 50 percent of small businesses fail in the first four years, according to online publication Small Business Trends.