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Not accurate. "A startup is an organization formed to search for a repeatable and scalable business model.” Steve Blank steveblank.com/2010/01/25/wha… The startup stage arguably ends when it finds "product market fit" and starts to execute on a "growth hypothesis." #noagreeddefinition
“A decision to pivot shouldn’t be taken lightly. Some founders pivot their way right into bankruptcy. Failing is not a good thing. Instead, having the ability to fail and then possibly still recover is a good thing.” Eric Ries. Being open to discovering PMF is not pivoting.
"Any time you have pivots 4-or-5 times a year you haven’t got enough focus. If you don’t give ever give x a chance to work out, it never will.” Mike Maples Sr. 25iq.com/2016/07/01/a-d…
"A pivot isn’t about product iteration– the pivot has to do with business model." Mike Maples Jr. techcrunch.com/2010/10/22/mik… Ann Miura-Ko: "A pivot, for me, is taking one component of your business model and changing it somehow." xconomy.com/san-francisco/…
“Nowadays people talk about pivoting as changing the homepage on your website ... A pivot is when you feel sick and you are going to throw up because what you are working on is such a dramatic shift and you don’t know if it will work.” Ann Miura-Ko 25iq.com/2017/06/18/how…
