In this episode of the CEO Sisters Road Trip, Liz and Sarah explore the concept of 'The Art of the Pivot' in business. They discuss the importance of adapting to change, the challenges of decision-making, and the emotional aspects of navigating business crises.
The sisters share personal anecdotes, insights on innovative pivots post-pandemic, and the significance of having a support system. They emphasize that pivots are a normal part of business and encourage listeners to embrace change as a pathway to growth.
In case you need a refresher on the PIVOT scene from Friends, here you go!
You're welcome!
Take Aways
-Things can and DO change in an instant.
-The decisions don't have to be life or death.
-Perfection is the enemy of progress.
-Find a board of directors for support.
-It's okay to pivot; it doesn't mean failure.
-Sales can be made by sharing products early.
-Navigating crises with support is crucial.
Chapters
00:00 Welcome to the CEO Sisters Road Trip
02:50 The Art of the Pivot
05:42 Embracing Change and Decision Making
09:45 Overcoming Comfort Zones
12:44 Innovative Pivots Post-Pandemic
18:25 The Power of Networking and Real-Time Feedback
21:18 Embracing Old-School Methods in a Digital Age
24:39 Navigating Business Crises and Personal Challenges
27:17 The Impact of Mom Guilt on Business Decisions
29:44 Identifying Setbacks vs. Pivots
32:50 Dreaming Big: Future Pivots and Growth Opportunities
35:38 Shifting Focus: Prioritizing Meaningful Work
