I heard a quote the other day, that no business plan survives contact with the first customer, and it is true. No one can foresee every possible issue or problem, or know how the world will interconnect, trust me, no one is that good.
What you think will happen will not happen the way you believe, and when it all hits, and your product is selling, or not selling, or there is some other problem, then you stop, you need to look at the data objectively, and then you decide on how to change your business, or as they say in the "in" crowd, Pivot.
Pivot is simply taking your business and when an idea doesn't work, changing directions. The worst thing you can do is drive your business in to the ground because you refuse to admit that the first idea, made back before you had the information you had today, was not that great.
Success goes to the tenacious, the networked, and the ones who can adapt.
It is that simple.
“We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side.
— Charles T. Munger”
Click to set custom HTML
Disclosure of Material Connection:
Some of the links in the post above are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”