This episode explores how, over time, our ideas change and evolve.
Takeaway 1: All of the entrepreneurs and founders we have helped or conversed with have changed their minds at least two or three times from their original ideas for their products or services. We all like to be sure about things; we want to know what will happen to prepare ourselves for the future, but that can also be a trap!
Takeaway 2: Changing your mind or pivoting will give you something more viable because you will have more clarity about your ideas than your previous iterations and be more precise on your value proposition.
Takeaway 3: It is only sometimes a good idea to rush to market and get funding for something unless you have spoken to as many people as possible and done your research and testing. Have you noticed that being first to market with a product sometimes means your competitors can leapfrog you, take advantage of your initial ideas, and learn from your mistakes?
We learn, we evolve, and we change.
