HMV nearly died when streaming took over — then Carvaan brought it back. Here's the career lesson: build your second curve before your current one declines.

The second curve in your career means building new relevance before your current strengths run out of demand. HMV proved it in 2017, launching Carvaan just as streaming nearly killed its music business. With McKinsey finding Indian managers spend 21 hours a week in meetings, there's little time left to wait for change to force your hand.
TL;DREvery career has what I call a second curve — the new skill, role or relevance you build before your first curve, the one resting on today's strengths, starts to fade. HMV is the clearest example I use with corporate audiences: once you're inside a system, you rarely spot decline early enough to react calmly. That's exactly why the second curve is a leadership skill, not luck — the same principle I unpack during leadership training in Pune: build your next relevant skill before the market forces you to.
HMV — registered in India as Saregama in 2000 — was over a hundred years old and owned one of the country's largest song libraries; it even recorded India's first commercial song back in 1902. When YouTube and Spotify arrived, the business looked finished. Instead, in 2017 HMV launched Carvaan, an offline music player pre-loaded with over 5,000 songs it already owned the rights to — no internet needed. Within three years, Carvaan was in roughly 20 lakh Indian homes. That's a company choosing its second curve instead of waiting to be replaced.
| Signal | First-Curve Thinking | Second-Curve Thinking |
|---|---|---|
| New technology in your field | "This threatens my job" | "This is my next skill to own" |
| Company restructuring | Wait and hope it settles | Use it to renegotiate your role |
| Skill you mastered years ago | Lean on it harder | Pair it with one emerging skill |
| Market or industry slowdown | Cut costs, freeze learning | Invest in reinvention while there's runway |
| Peer or competitor pivoting | Dismiss it as a fad | Study what problem they're actually solving |
Life runs the same way. Once the sun rises, it sets — success is no different. Most professionals I meet in offices don't fall because they got worse at their job; they fall because the world around their job changed and they didn't reinvent alongside it. I've watched professionals eight or nine years into a role freeze the moment their company shifts strategy or AI enters their function, convinced they're "done" rather than due for a second curve.
You're likely on the edge of your first curve if your role hasn't required a genuinely new skill in years, if you're the most experienced person in the room but not the most current one, or if change at work feels like a threat rather than material to work with. None of that means you've failed — it means it's time, exactly like it was time for HMV back in 2015, two years before Carvaan existed.
Starting your second curve doesn't require quitting anything. HMV didn't abandon its old catalogue — it repackaged assets it already had into something the market needed differently. Do the same: audit the experience you already have that's underused today, then pair it with one emerging skill your industry is starting to reward. This is the exact shift I work through with corporate audiences in my signature keynote programs — reframing decline as the signal to build, not the signal to stop.
If AI is already touching your function, you're not being replaced by a second curve — you're being pushed toward needing one. The professionals who'll matter most over the next five years are the ones who treat AI fluency the way HMV treated Carvaan: not a threat to the old business, but its next version. As I tell audiences, जो सेकंड कर्व लाता है वही कारवा सेट करता है — whoever builds the second curve is the one who sets the new standard.
For managers, this is a team problem, not just a personal one. If you lead people, part of your job is spotting who on your team is coasting on a first curve that's about to fade — and helping them start their second one before a restructuring does it for them. That's the leadership conversation I run most often inside our corporate training sessions, long before the exit interview becomes the alternative.
TEDx speaker. 11+ yrs training Army, BRO, RBI, BARC, JSW. Available for keynotes, leadership training, team building & manager development at your office or event venue.
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Avinash Chate TEDx Speaker · Founder, The Future Corporate · 11+ yrs experience Avinash has trained Indian Army, BRO, RBI, BARC, JSW Steel and 1000+ corporate leaders across India. His work focuses on leadership development, communication skills, and behavioural training rooted in Indian values and modern business needs. |
The second curve is the new skill, role or direction you build before your current strengths lose relevance — it's a deliberate shift, not a reaction to being forced out.
HMV had built its business on physical music recordings for over a century. When streaming and YouTube arrived, that model looked finished. In 2017 it launched Carvaan, an offline player pre-loaded with over 5,000 songs it already owned the rights to, reaching close to 20 lakh Indian homes within three years.
The best time is while your current curve is still working — when you still have income, credibility and time to experiment. Waiting until decline is visible to everyone means you're reacting under pressure instead of choosing deliberately.
No. AI is one visible trigger, but industries shift for many reasons — new competitors, changing customer expectations, restructuring, or simply market maturity. The second curve applies any time your current strengths are quietly losing ground.
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By Avinash Chate — Maharashtra’s #1 Corporate Trainer & Motivational Speaker. .