Gregg, i am going to come to you first. Tell us what is your pivot point? You will have 30 seconds for your answer. Ais really kind of lean in. How do we augment the existing product line? How do we leverage r ip and get the most bang for our buck while having a long tail? This could be through, we must protestin through some market research, but really kind of no unlocking the value of thea. And then as you are beginning to sketch your pivot, you begin to sketch things that you can then go measure very quickly and know whether or not that pivot is the right thing to be doing.
This special rendition of Strategy Session stars small business owners who Masters of Scale fans might recognize. That’s because a number of them have been featured in our signature three-act ads. You’ll hear them ask host Reid Hoffman critical questions for challenges they’re facing now. This Strategy Session was live, recorded remotely in-front of a virtual audience full of entrepreneurs. Plus: You’ll hear the premiere of our strategic game show called the Pivot Point. Featuring Rapid Response host Bob Safian, Masters of Scale Executive Producer June Cohen, John and Kendall Antonelli (Antonelli's Cheese Shop), Tara Wilson (Fierce Lab), Tudor Mihailescu (SpeechifAI), Greg Gallimore (Gensler Group & WUBI), Becky Pallack (Arizona Luminaria), Brit Rettig Wold (GRIT Fitness), Matthew Goins (Puzzle Huddle), Monisha Edwards (Scent & Fire Candle Company), and Ricardo Regalado (Rozalado Services & Route).
Read a transcript of Strategy Session 10 at https://mastersofscale.com/strategy-session-copycat-business/
Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribe
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.