Learn English: Pivot Your Way to Success: Changing Plans in Business (normal)

3 days, 9 hours ago

Pivot Your Way to Success: Changing Plans in Business

In business, unexpected problems happen, but smart entrepreneurs don't give up; they use the situation to improve.

Instead of panicking, they analyze what went wrong, focusing on market changes or customer feedback.

They adapt their plans, sometimes making small changes, or somethimes even big shifts in their approach to the problem.

Communicating these changes to the team and investors is very important to get everyone on board and avoid conflicts.

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Source

Original: Entrepreneur

Tags

#Entrepreneurship #Business Strategy #Pivoting #Adaptability #Innovation

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