The Mentor Minute gives you exclusive startup video clips from the Founder Institute's worldwide network of 4,112+ mentors. For more Mentor Minutes, visit our Startup Founder 101 YouTube Channel.
In this clip, Mike Maples, Jr., Managing Partner of FLOODGATE, debunks the common ideas of pivoting and describes the true goal a startup should achieve by pivoting. Mike was recently ranked 14th on Forbes Magazine's Midas List as one of the top tech investors in the world.
To learn more from Mike, join him at the 15th Founder Showcase, where he will be a keynote speaker alongside startup and technology luminary Mitch Kapor at Silicon Valley’s leading seed-stage startup event. Tickets are very limited, so reserve your spot today.
According to Mike;
Pivoting is not about A/B testing. It's not about SEO or blogs. When I'm talking about pivots, it's about something different. A pivot is really about driving business model discovery."
(Green arrows in squares image via Shutterstock)
Like this video?