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Pivots are often seen as a setback, especially for a startup. But pivots can become great opportunities.
If your goal is to succeed in the long run, it's more important to get there than to count the difficulties along the way.
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Customers and investors value credibility but also effective action. As long as the pivot is done gracefully, your customers will value the transparency.
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If you're noticing a levelling-off period in growth and development, it may be a reason for change.
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A business plan should be unique and specific enough to solve a problem but not so narrow that it fails to leave space for growth.
Many entrepreneurs get too precise too quickly. The important part is to recognise it early on and change to a less rigid, big-picture model.
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Pivots are full of growth opportunities, but the key is to be consistent. Before you dive into a pivot, consider how it can fit into your brand's big narrative.
Employees, customers and investors are more likely to be receptive to a pivot if it is in line with the company's overall mission.
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