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Why Founders Should Always View Pivots as Opportunities

entrepreneur.com

Pivots on the road to success

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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  • Maybe your perspective and vision have shifted after you've launched your brand. Redoubling on your original goals may be the wrong move.  
  • Or you may find that researching a niche and becoming part of it are two different things.

Customers and investors value c...

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If you're noticing a levelling-off period in growth and development, it may be a reason for change.

  • Try to identify the reason for stagnation, for example, an unmotivated team or lack of customer engagement.
  • Decide what could be the biggest catalyst to push your brand from the ...

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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...

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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 ...

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This article allows us to understand why businesses dry up so easily and how we'll be able to get back on the path to success. It is important to keep optimistic so think about it this way: A business down turning is not the end, instead, it is a learning opportunity to start new and rebuild.

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