Feeling stuck in your business? You’re not alone. Many entrepreneurs reach a point where what once felt exciting now feels exhausting. The good news? A business pivot might be the key to reigniting your passion and driving growth. Here’s a concise guide to knowing when and how to pivot your business.

✿ Key Takeaways

UNDERSTANDING BUSINESS PIVOTS

There are two types of pivots:

1. Small Pivots: Adjustments to your messaging, offers, or target audience. These are tweaks that refine and enhance your existing business.
   
2. Big Pivots: A complete business transformation, such as starting a new venture or switching industries entirely.

Both pivots require careful consideration, but they can lead to greater alignment between your business and personal goals.

3 SIGNS YOU NEED TO PIVOT

If you’re experiencing these red flags, it might be time for a change:

• Dragging Your Feet: Struggling to find motivation for daily tasks.
• Making Excuses: Avoiding responsibilities or rationalizing lack of progress.
• Difficulty Showing Up: Feeling disconnected from your business.

Recognizing these signs is the first step to determining if a pivot is right for you.

FINDING YOUR DIRECTION

To identify your next move, reflect on these questions:

• What do I love—and not love—about my current business?
• If there was no risk of failure, what would I be doing?
  This exercise can help you uncover your passions and visualize a dream business that truly excites you.

VALIDATE YOUR IDEAS

Before making the leap, conduct market research:

• Explore social media platforms for accounts in your desired niche.
• Assess demand, audience needs, and competition.
  Proof of concept is essential to ensure your pivot aligns with market trends and potential profitability.

CREATE A PLAN

A successful pivot starts with a clear strategy. Set actionable goals that prioritize alignment, excitement, and readiness.

Ready to pivot your business? Start with reflection, market research, and a solid plan to turn your entrepreneurial dreams into reality.

CHECK OUT THE EPISODE NOW ⤵️

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