There is no "one right way" to build a company.
As a result, entrepreneurs seeking guidance will always be given contradictory advice on how to build their business, from both "experts" and the uninformed alike. Ultimately, it is up to the entrepreneur to evaluate the opinions they receive and pursue the path they feel is best for them.
The Startup Lean presents two differing viewpoints on key entrepreneurial topics for you to decide which way you lean.
This week's topic is about whether you should pivot your startup or continue with your current path.
|This Week's Topic:
Should you pivot your startup?
|"There is no bigger destroyer of creative potential than the misguided decision to persevere. A company that cannot bring itself to pivot in a new direction on the basis of feedback from the marketplace can get stuck in the land of the living dead, neither growing enough nor dying, consuming resources and commitment from employees and other stakeholders but not moving ahead."
- Eric Ries (Author, The Lean Startup)
Pivot or Persevere? The Key to Startup Success
“Don't pivot. Deliver. Constantly changing your mind is easy. Staying focused over the long haul is hard. [...] You better love what you're doing, because it is going to be brutal. You wouldn't treat an animal the way a founder gets beaten upon."
- Adeo Ressi (CEO, Founder Institute) Quick Entrepreneurship Tips from Founder Institute's Adeo Ressi on Pando
|Which Way Do You Lean?
If you could benefit from expert training and feedback to launch a company, apply to the Founder Institute today. We are currently accepting applications in many cities worldwide.