How can a startup understand if it's the right time for a pivot?

Re:How can a startup understand if it's the right time for a... by mattfrench on Friday August 13, 2010 @03:33PM (#1601991)

I totally agree with everything here. We are in the processing of getting our MVP out by the end of the month. This also might help clarify some things--the feedback was from a group of investors that were run through an investor pitch and product demo.

That said, they might not be able to totally define how the product will be received in the market, but they might be right on the money about customer acquisition and sales strategy. The main feedback was to have a lower cost and more scalable sales and acquisition model. This is why a product pivot may be a good start, because the product in development now might not be able to successfully find a good fit with customer and sales strategies.

However, not having the MVP out there to understand how users interact makes a product pivot question harder to address.

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Re:How can a startup understand if it's the right time for a... by michael_dorfman on Friday August 13, 2010 @04:14PM (#1602131)

If your MVP will be ready at the end of the month, I'd definitely put any pivot thoughts on hold until after that-- better to spend the next 3 weeks focused on getting the MVP to the customers, and then you can take all the feedback into account for the next iteration/pivot.

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