When should I consider a pivot?
An example of an AI chatbot conversation about knowing when to pivot in business.
I'm feeling uncertain about my startup's direction. When should I consider a pivot?
It's important to consider a pivot when your current strategy isn't meeting your goals or if market conditions change significantly.
What signs should I look for that indicate a pivot is necessary?
Look for signs like declining sales, negative customer feedback, or a shift in market demand that your product doesn't address.
How do I decide what direction to pivot towards?
Research your target audience, analyze competitors, and explore emerging trends to identify potential new directions.
Can you give me examples of successful pivots?
Sure! Companies like Instagram and Slack successfully pivoted from their original ideas to become the platforms we know today.
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