Pivot
Version 1.0.0 · Updated 2026-07-30
CORE DEFINITION
A fundamental, structural correction to a basic assumption of the business model while keeping the grand vision unchanged. This is not a simple 'adjustment' but an 'engine change'. For example, YouTube pivoted from a video dating site to a video sharing platform.
SCAFFOLDING EFFECT
Reduce cognitive load
Strategic error correction. Entrepreneurship is not executing a plan but exploring the unknown. Pivot is the core of lean startup, acknowledging that initial assumptions are likely wrong and providing a systematic way to find the right direction without starting over.
Anchor fast decisions
Refers to the fulcrum or key turning point around which rotation occurs; in strategy, it means decisively turning to a new direction after validating assumptions.
MINIMUM ACTION
In progress 0/3Practice this model in one real situation:
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Source support: Explicit
- en.wikipedia.orghttps://en.wikipedia.org/wiki/Pivotverified
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