There's something to be said for stick-with-it-ness, but most entrepreneurs stick with flawed ideas and plans way longer than they should.
Not every ailing organizations can adapt. It might be better to help them die gracefully to emerge relevant later.
The intriguing flexibility of the skilled yogi relies on a powerful core. Your business also needs both to thrive.
Starting a Business
Entrepreneurs often seem like they are so put together – their plan is on target, they are doing amazing and life couldn't be better. But many times that couldn't be further from the truth. And that is okay.
By pivoting its brand strategy, CalTort has managed to stay competitive with Chipotle, Moe's and other franchises. Here is what you can learn from them.
For our series The Grind, the founder of Practice Makes Perfect discusses how pivoting helped him not fall into the category of failures.
It's a fact that the journey for entrepreneurs is full of unknowns. And while many founders are encouraged to pave their own innovative path, there are a few scenarios when seeking advice is a must.
Make sure the first version of your app isn't its last by taking customer feedback into account and adapting.
As an entrepreneur you are going to face your fair share of challenges, some more dire than others. When times get tough, you are going to need to turnaround your business, develop a pivot strategy and get your company back on track. Here is how.
Driving Business - Driving Success
A recent analysis of 39 billion-dollar companies says most stuck to their original vision. Serial entrepreneur Steve Blank argues that isn't true.
Constantly changing directions can harm your business. So how do you know when it's a good time to pivot?
Few startup ideas are perfect; that's why it's important to recognize when you need a course correction in your idea, pitch, product or execution.
Starting a Business
Early iterations of now famous tech startups are almost unrecognizable.
Entrepreneur caught up with its past 'Treps of the Year, Emerging Entrepreneur Jason Lucash, about how the year has changed him and how it's prepared him for 2014.
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