Startups pivot for several reasons. Commonly, a pivot is driven by the need to respond to customer feedback or market conditions that suggest the original plan is not viable. Here are a few scenarios where a pivot might be necessary:
Poor Market Fit: The initial product or service does not meet the needs or solve the problems of the target market. Competitive Pressure: New competitors or changes in the competitive landscape make the original business model less attractive. Technological Changes: Advances in technology may render the original product obsolete or open up new opportunities. Financial Constraints: The original business model may be too costly to sustain, requiring a shift to a more sustainable approach.