Hello again. More on Pivot
Here are three tips to help make it happen:
Don’t rush to build an elaborate website.
Write promotional materials early in the process.
Define a time period and budget to test the new model.
Thanks for sharing your advice with the community, LUCKIEST. Taking your business in a different direction can be challenging and beneficial. Change can be intimidating and going with plan B might cause small business owners to feel a little bit anxious. Sometimes, it’s worth it to take a deep breath and head down a different road. The world is full of successful companies that rolled the dice and chose a money making, reputation sky rocketing alternative. ~Moderator Mel
So true Moderator Mel
When taking your business in a different direction, a Business Plan is a MUST.
Happy and Safe Thanksgiving to you and the Community.
Happy Thanksgiving to you as well, may your meal and time with family be filled with love. ~Moderator Mel
How NOT to pivot.
After years of working for others and being passed over for promotions, John and his wife, Mary, decided to go into business together. After examining the classifieds, they bought a small candy stand, paying thirty cents for each box of candy and then selling it for thirty cents.
At the end of the day they were astonished to find that they had sold every box of candy – yet had exactly as much money as when they started.
“You see?” John snarled at his wife. “I told you we should have bought a larger stand!”
Ha Ha, LUCKIEST
Last week brought forth a lot of strong emotion and I live in a city that was strongly affected.
In the aftermath, I'm happy to see that a lot of talk has turned to constructive planning:
What can we do to make a difference in the future, regardless of political views. I'm doing some new volunteer activities.
A lot of solo business owners are doing what’s now called a business pivot - moving in a new direction.
There are many excellent reasons for this trend. Your market shifts and you need to reach different clients.
Or you business changes in some way and need to work in different ways.
When you pivot your business, start thinking of branding, graphics or design.
Often your first sign of change will be the stories you tell.
You want to use stories as a way to plan and implement your new strategy?