After 2 years, we pivoted 3 times and it looks like we will pivot 1 more time.
I think pivots are essential for startups to survive.
What is your story? How many times did you pivot with your startups?
P.S. Our product: https://www.bumpy.app
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Not big but alot
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I pivoted 3 times ! So far the first time was the hardest, it took us 1 year. Now I don't feel any fear or pressure because I know that every time I pivot I see huge improvements in my KPIs.
I'd say, more than thrice.
My first startup was a Print on Demand shop which failed miserably. After that kept digging into Digital Marketing and other relevant fields.
I recently niched down into Content Writing and started learning No-Code to build my own MVP.
And I build Notion Templates as a Side Hustle. So yes, I did pivot a lot of times in the past 1 year since I learned about making money online.
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5 or 6 times by now.
finclout started out as a social aggregator with decision engine and machine learning for stocks during the meme-stock craze.
After partering with Bitclout in March 21 we moved these aggregator functions into hyperfocus.ai, added a crypto-based monetization model, and focused on user-generated content for investing with additional tools in a B2C model. However, Reddit, Twitter, and Stocktwits are really expensive to get users interested in such a product.
Main reason was that the differentiators weren't strong enough, we have now after many many many discussions reached a stage where the product has a SaaS B2B business model. We have daily returning users that use finclout to get content cues and insights for their work.
https://app.finclout.io/signup
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