According to recent estimates, around 90% of start-ups fail. With the global start-up economy valued at $3 trillion, much is at stake.
An Entrepreneur’s Guide to Surviving the “Death Valley Curve”
Two key questions: Do you have the right business model, and do you have growth ambitions?
April 13, 2022
Summary.
The so-called “death valley curve” represents a crucial early phase of new ventures, when substantial work on a new enterprise has begun but no sufficient revenue has been generated. During this period, companies deplete their initial capital in their quest to establish the business. To help navigate this tricky time, the authors have created a matrix with four phases of new entrepreneurial ventures and the strategic challenges in each phase.
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HBR Learning
Business Plan Development Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Business Plan Development. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to create a winning business plan.