3 Ways You Can Pivot Your Business to Accelerate Your Growth
Here are a few recommendations on learning when to change trajectory and leverage your pivot into a world of potential abundance, not scarcity.
By Drew McLellan •
Opinions expressed by Entrepreneur contributors are their own.
Most people think that once you "niche down," you're stuck. It's not true. When you run a successful niche business, you can speak to an incredibly specific audience on topics they care deeply about. That kind of personalization is increasingly sought these days, as 71% of consumers say they crave individualization from their brand interactions.
But choosing a niche doesn't mean you're locked into your original choice forever. It's not only possible but profitable to change lanes every once in a while — even if you've been driving on the same highway for a long time.
Flash Sale Today Only - Save 20%! Unlock this premium article & so much more with Entrepreneur+
Get access to a ton of exclusive content and resources that will help grow your entrepreneurial mindset. You’ll find:
- Exclusive content from our network of today’s leading CEOs and business strategists
- Receive our flagship Entrepreneur Magazine - free!
- No more ads, and get access to the Entrepreneur+ homepage
- Free E-books written by our staff and other industry thought leaders
Subscribe today and save 20%. Use code SAVE20 at checkout.
