How to achieve the successful pivot! - Full Video
Theme: How to achieve the successful pivot
Special thanks to my special guest Ed Buckley, founder and CEO of Peerfit.
Quote of the call: “Wellness is an eye roll moment” (Ed Buckley III).
Here are some key takeaways from this call:
Give people what they want and make it really, really, really easy for them to use it.
Go with the trend by giving people something that fits into their current lifestyle.
Practice being a system thinker and you’ll start seeing emerging market opportunities.
Focus on stamping out your customer’s pain points.
Make an angel investor your mentor and you’ll never have to ask him for money. The relationship will result in an investment.
Progress = Improving the quality of your investors with each funding round.
When facing a pivot, create internal innovation roundtables to get everyone’s best ideas quickly.
Companies need to improve their work from home employee environments just like they do in the office environment.
Embed your product in the benefits package offered. The ultimate annual recurring revenue (ARR).
Tying your product payment to the ACA-revenue stream is a winner.
(Insights 9 and 10 came from viewer Dave Klepp, founder of J&L- RPM Machine Vision.)
Watch the video and you’ll discover the successful pivot and a whole lot more.
Every Paparelli Zoom Chat for Entrepreneurs will help you be a better entrepreneur. That’s the goal.
I look forward to seeing you next Wednesday, July 29th, at 9 am.
Come a little early and catch up with friends and make some new friends. I'll be on at 8:45. And we always end the call right at 9:45 am.
You can find resources suggested by your fellow entrepreneurs at https://www.paparelli.com/resources.