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ThriveAgric case (B): Entrepreneurship as turnaround

By Rupert Merson

2024

The case series surveys the formation and early development of ThriveAgric, a Nigerian-based startup facilitating the financing and effectiveness of smallholder farmers.

The B case describes the crisis confronting the business caused by the Covid-19 pandemic, which initially threatened its existence but ultimately accelerated the evolution of robust management systems and forced necessary revisions to the model underpinning the business.

Learning objectives

  1. Understand how the problems facing agriculture in developing countries can create opportunities for entrepreneurs
  2. Identify the differences between necessity entrepreneurship and growth entrepreneurship
  3. Understand how entrepreneurs in developing-world contexts can secure sustainable growth
  4. Understand turnaround vs start-up as different types of entrepreneurial activity (role of founders vs the role of turnaround professionals) and the implications of moving from crowdfunding to institutional finance
  5. Explore growth options; in particular expansion through new services vs through new markets.

Details

Publication Date: September 2024
LBS Case Code: CS-24-012
Topic:
Subjects: , , , , , ,
Industry:
Geography: ,
Pages: 3
Format: pdf