Director & CEO @ Exc...Ā ā¢Ā 3m
In todayās fast-moving world, pivoting your business isnāt just about survivalāitās about staying ahead. Here are a few innovative ways to pivot: 1. Customer-first adaptation: Listen closely. Your customersā evolving needs often signal your next move. 2. Micro-niching: Instead of going broader, go deeper. Serve a hyper-specific audience better than anyone else. 3. Digital-first mindset: Rethink delivery, not just product. Can your service be experienced virtually? 4. Collaborative pivoting: Partner with other businesses to co-create value in new spaces. 5. Data as a product: Your insights might be more valuable than your core offeringāpackage and monetize them. The best pivots arenāt reactiveātheyāre strategic. Reinvention starts with curiosity and ends in resilience. How has your business evolved lately? #Innovation #BusinessPivot #Strategy #Leadership #Entrepreneurship
Entrepreneur is What...Ā ā¢Ā 1y
Nokia's first product was Toilet Paper LG's first product was Facial Cream Wipro first product was Vegetable Oil IKEA's first product was a Pen Samsung started its business by a Grocery Store So it's not that your first product is your last produc
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Identify potential risks & opportunities before they become too big of a problem. Take proactive measures than reactive ones regarding management decisions in a business. Learn PEST analysis, and conduct on your business. Raise your hand if you hav
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