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Entrepreneurs who adapt their product offerings based on opportunities to be more successful are ...
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Entrepreneurs who adapt their product offerings based on opportunities to be more successful are ...
Entrepreneurs who adapt their product offerings based on opportunities to be more successful are making a move known as ________.
▸ pivoting
▸ crowdfunding
▸ deep learning
▸ incubating
▸ accelerating
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Business in Action
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Authors:
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pivoting
Smart entrepreneurs monitor how their initial product offerings are received in the market and adapt if they see opportunities to be more successful, a move known as pivoting. This can range from adjusting the feature set of an individual product all the way up to taking the company in a completely new direction, and some companies pivot multiple times until they find the right product-market fit.
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