Here's how you can navigate the key considerations when deciding to pivot or expand your business ventures.
Navigating the crossroads of business growth or change requires thoughtful consideration. Whether you're contemplating a pivot—shifting your business model to adapt to market changes—or looking to expand your current ventures, the decision isn't one to take lightly. It's a strategic move that can lead to new opportunities and success, but it also comes with risks. As a personal coach, guiding entrepreneurs through this process involves assessing the landscape, understanding the core values and mission of the business, and evaluating the potential outcomes. The key is to make an informed decision that aligns with your long-term goals and vision for your business.