V
Vani Kola
Managing Director at Kalaari
1185109 followers
A #pivot is a hard-shift in #business . Many successful #startups have pivoted to find their take-off trajectory. Pivot is necessary when you recognise a looming crisis, or the business isn't growing, or you discover an enormous market #opportunity . Most founders struggle to let go of the current idea, product, customers. It is never easy, but as a founder, you are the only one who can make this happen when necessary. To increase the probability of a successful pivot: 1. A singular conviction on pursuing this new path. No doubts, no regrets. 2. Skills and #Team alignment 3. Convince investors to embrace the idea 100% and create enough runway
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