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Vedant SD

Stealth • 6m

Day 67: The Art of Pivoting: Adapting and Thriving in Bengaluru's Startup Ecosystem Pivoting is a common occurrence in the startup world. It's about adapting your business model or product to align with changing market conditions, customer needs, or unforeseen challenges. Here's how to pivot successfully: * Listen to your customers: Pay close attention to feedback and identify areas for improvement. * Analyze your market: Stay updated on industry trends and competitor moves. * Experiment and iterate: Test new ideas and gather data to inform your pivot. * Communicate effectively: Clearly communicate the pivot to your team, investors, and customers. * Celebrate small wins: Acknowledge and reward progress, even during the pivot phase. Remember, pivoting isn't failure; it's a sign of adaptability and resilience. Embrace the challenge and use it as an opportunity to innovate and grow.

0 replies5 likes

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"How can you create long-term value for your customers, employees, and community, while adapting to the ever-changing market landscape?"

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Purnendu Mukherjee

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Startup Survival Story - 2 Mailchimp: The Power of Pivoting _________________________________ Mailchimp began as a side project offering email marketing services to small businesses. For years, the founders, Ben Chestnut and Dan Kurzius, struggled

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Mesride Tech

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Must have softwares for startups : 1. CRM : Manage your relationship with customers 2. Accounting : have a check on in & out financials 3. Invoice : to make invoices fast 4. GST billing : to manage GST 5. HR Management: to manage your human resource

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Rahul Khatri

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With Inshorts pivoting with the New CEO to user generated content with the background of news, does it become a competitor to Medial, if yes what are your opinions?

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