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  • In the world of startups, 'pivot' is just a fancy word for 'our original idea didn't work.'

    Mehul Fanawala
    6 replies

    Replies

    Leena Chitnis
    Well sometimes that's not true...sometimes an idea partially worked and needs just a tiny tweak or two!
    Mujadad Naeem
    Correct but there's nothing wrong to admit and acknowledge that original ideas can go wrong sometimes.
    Igor Den
    Yes, and that's great! In my understanding, a startup is NOT a business. A business is a structure with a "stable, profit-generating operating model". A startup is a temporary structure that is needed to find a “stable, profit-generating operating model.”