RSS Feed Link

What is a pivot?

on June 30, 2014

As part of the Kauffman-sponsored Energizing Health Collaboration Series, we've turned over eMed to Guest Editor Matt Keener, the chief architect for the Pittsburgh leg of the collaboration conference and a translational clinical neuroscientist. Here's Matt's latest contribution in his role as eMed Guest Editor.

What is a pivot?

In entrepreneurship, a pivot occurs when a startup changes its business model. A pivot can results in a completely different company, or it can help a startup to reach the next level of growth.

Pivots are common for early-stage companies. Businesses including Groupon, PayPal, and Starbucks have all gone through pivots, according to Forbes.

Related: How to find investors without pivoting from your mission

Image by dotshock

FAQs are a weekly feature on eMed for current and aspiring healthcare entrepreneurs.

Category:  Ideation  Tags:  FAQ, guest, pivot

  • 1
comments powered by Disqus