Entrepreneurial Failure: Causes and Solutions
From a global viewpoint, the probability of success is less than 5 percent. One third of enterprises go bankrupt after the first two years of operations, half of enterprises survive for no more than 5 years and less than 1 percent of enterprises are ultimately listed or acquired. Since the second half of 2015, an unexpected cold winter for the capital market and the emergence of a fourth entrepreneurial tide in China are witness to an emerging entrepreneurial failure.
Presented by Lin Song, one of the youngest professors of the Central University of Finance and Economics in Beijing who has long been committed to researching the laws of entrepreneurial failure, this course seeks to find the typical reasons for failure through the analysis of classic cases, enabling entrepreneurs to understand the basic laws of failure and deal with failure through correct development paths and methods.