PIVOTING: The Art Form of Figuring It Out.
We're all living in uncertain times. We're just figuring this shit out together man! It's like someone asking you how you do a certain thing. You answer: "dude I'm just figuring it out like you."
The truth is, we don't know everything that there is to know in this world. However, in uncertain times, many people have looked to their creative side to implement changes that will create sustainability.
Business owners have found new ways of marketing, selling, or creating products for the existing and new customer base.
Entrepreneurs are able to dive into their super creative side and determine whether their business venture idea will work for a certain demographic.
Athletes and the Sports World are adapting to the ever changing landscape of game day and administrative duties.
WE ARE ALL PIVOTING!
We are all just figuring it out.
When is the best time to pivot?
When you see that a current business model is not working, it may be a sign that it's time to try something new.
Why pivot at all?
Take the COVID-19 pandemic for example, if you created a product or service that was hard hit by the pandemic, you would need to make a shift in what you do to stay relevant and serve your existing customer base or lose them.
Although pivoting helps us all to figure some things out, it's definitely crucial to any business owner or entrepreneurs' success. If you have any questions about pivoting, why you should pivot, when, and what you should pivot with, reach out and allow our business experts help you.
This article is a service of SL DeBarros Law Firm, LLC. We offer a wide array of business legal services and can help you make the wisest business choices throughout life and in the event of your death. We also offer a Business Protection Start-Up Session or a Business Audit for an ongoing business, which includes a review of all the legal, financial, and tax systems you need for your business. Call us today to schedule.