Personal Lessons From Startups – Part 5 of 5

Know When to Pivot In the dynamic world of startups, the ability to pivot is not just a strategic necessity but a key driver of personal growth. Resilience is invaluable, yet the pivotal moment when to adapt and change course is equally critical. Let’s draw inspiration from two intriguing stories, offering insights for startup founders and investors. Startup Story: Instagram’s Strategic Pivot In the startup realm, the story of Instagram’s pivot is often overshadowed by its later success. Founded by Kevin Systrom and Mike Krieger, the platform initially took shape as Burbn, a location-based check-in app reminiscent of Foursquare. Despite…...