53 percent of companies pivoted to stay alive in the last 2 years, says Intuit

VentureBeat writes, Inuit says 53 percent of companies “reinvented their business” to survive since 2010. The pivot is a buzz word in Silicon Valley, but may be one of the smartest moves an entrepreneur can make. A good business owner can’t be afraid of change. Markets change, consumer attitudes change, technologies change, and so companies must also change. The majority of changes small businesses make today come in the form of “overhauling” the product or service. Next in line are changes to infrastructure within the company or changes to the staff. Pulling the trigger is...

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