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How to Successfully Pivot Your Business

How to Successfully Pivot Your Business

FromThe Prosperous Nonprofit


How to Successfully Pivot Your Business

FromThe Prosperous Nonprofit

ratings:
Length:
20 minutes
Released:
Nov 28, 2022
Format:
Podcast episode

Description

If you’re a small business owner who is considering pivoting in your business, today’s episode is full of helpful information and tips on how to pivot successfully.Most of us will reach a point in our business where we will wonder if we need to make a change. Maybe it’s revenue, maybe it’s a shift in passion, or maybe it’s the temptation of the next big thing everyone else is doing. Stephanie Skryzowski shares her tips for how to pivot with a plan, and breaks down things to consider as well as what to look at from a numbers perspective.  We're all going to pivot, we're all going to shift. And I think that's important to keep us fulfilled as professionals, as creative human beings in general. That is what is going to help us continue to thrive and continue to be lit up by our business. - Stephanie Skryzowski Key takeaways from this episode: Consider if you’re thinking about pivoting for a verifiable reason or due to burn out Make sure to pivot with a plan Pay attention to your instinct but most importantly, run your numbers.  Run both best case scenario numbers and realistic numbers Assess where you are right now Determine what you are pivoting away from as well as what you are pivoting towards   Links mentioned in this episode: Connect with Stephanie on Instagram The Profit Playbook The Finance Pro Quiz   Want more of the podcast? New episodes are released weekly! Find them all plus show notes and exclusive bonus content at 100degreesconsulting.com/podcast Leave us a review! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Let me know what you loved most about this episode! Subscribe to the show so you don’t miss a thing Download the full episode transcript here
Released:
Nov 28, 2022
Format:
Podcast episode

Titles in the series (100)

The Prosperous Nonprofit is the podcast for leaders who are building financially sustainable and impactful nonprofits and changing the world. On this show, we talk to inspiring leaders who are paving the way in the nonprofit sector in new, innovative, disruptive, and entrepreneurial ways, creating organizations that fuel their lives, their hearts, and their communities. You'll also hear from me. I’m Stephanie Skryzowski, a Chief Financial Officer, and Founder & CEO of 100 Degrees Consulting which provides CFO and bookkeeping services to nonprofits around the globe. This show is an amazing combination of inspiring stories and practical nonprofit leadership tactics to grow their impact and their income.