I recently encountered a startling statistic that 90% of businesses that start up either close down or change hands within 1000 days. It is said that acid test for any start up is the first 1000 days (more crucial first 500 days...). The first 500 days is the time when reality hits wildly in the face and all ambitions start crashing one by one. The desperation to hold on, suffocation to escape puts great test on the zeal, passion of any entrepreneur.
But, good news is that if we hold on the aci…
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Posted on November 5, 2009 at 5:00pm — 1 Comment