Know when to pivot

What is “Pivoting”?Pivoting is shifting to a new strategy in your businessA new strategy could be changing your pricingA new strategy could be focusing on a different profit centerA new strategy could be adding a new profit centerA new strategy could be removing a profit centerA new strategy could be focusing on a different set of customersA new strategy could be changing your marketing and advertisingHow to know when you should pivot in your business.Industry TrendsYour Company is Always Playing Catch-UpThere’s Too Much CompetitionYour Company Has Hit a PlateauThere’s Limited Response from Your MarketplaceOne Thing Gets the Most TractionHow to Pivot your business effectivelyDo it as soon as you canListen to your customersDon’t scrap thing that are already working for youCreate new systems and procedures or revamp some of the old onesMake sure your pivot presents opportunities for growthI am inviting you to check out my resources page. It is completely FREE and has a ton information and some downloads. You can find it at resources.xpansioncode.com.I will be releasing new episodes every Monday, Wednesday and Friday! If you like this podcast, then check out my newsletter called Xpansion Press. Business content delivered to your inbox. Just click here to sign up.