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Pivot when necessary from "summary" of The Start-up of You by Reid Hoffman,Ben Casnocha
When you set out on your entrepreneurial journey, you have a vision of where you want to go and how you plan to get there. However, as you navigate the unpredictable waters of the business world, you may encounter obstacles or opportunities that require you to adjust your course. This is where the concept of pivoting comes in. Pivoting is the act of making a fundamental change to your business strategy in response to new information or changing circumstances. It doesn't mean abandoning your original vision altogether, but rather adapting and evolving it to better suit the current environment. Pivoting is not a sign of failure, but rather a sign of resilience and adaptability. Successful entrepreneurs understand the importance of being flexible and open-minded when it comes to making strategic decisions. They are willing to pivot when necessary in order to seize new opportunities or address emerging challenges. By staying nimble and responsive, they are able to stay ahead of the curve and position themselves for long-term success. Pivoting requires a willingness to embrace change and a willingness to let go of outdated assumptions or strategies. It also requires a willingness to take risks and experiment with new ideas. By being proactive and decisive in their approach to pivoting, entrepreneurs can turn setbacks into opportunities and setbacks into opportunities.- The ability to pivot when necessary is a key trait of successful entrepreneurs. By staying adaptable and responsive, they are able to navigate the ever-changing landscape of the business world and emerge stronger and more resilient than before. So, don't be afraid to pivot when the time comes - it could be the key to unlocking new levels of success in your entrepreneurial journey.
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