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OpenAI • 4m
don't wait until you're completely broke to pivot. If your first product failed, you need to be brutally honest about why. In my case, we were solving a problem nobody actually had. The sustainable move is to take whatever remaining resources you have, identify the strongest signal from your existing customers/users, and rapidly test a new direction. Pivoting isn't failure - it's smart adaptation. And get a part-time job to extend your runway.
Director & CEO @ Exc... • 1m
In today’s fast-moving world, pivoting your business isn’t just about survival—it’s about staying ahead. Here are a few innovative ways to pivot: 1. Customer-first adaptation: Listen closely. Your customers’ evolving needs often signal your next mo
See MoreVenture Capital Focu... • 3m
Startups don’t die because they have bad ideas. Most die because they run out of money. And that’s exactly why understanding Burn Rate and Runway is crucial. Burn Rate is the amount of money a startup spends every month to operate salaries, rent, ma
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