How To Successfully Pivot And Adjust For The Risk

andrea patrick — Wed, 31 Jul 2024 23:28:08 +0000

How To Successfully Pivot

And Adjust For The Risk

Welcome to today's episode, where I dive into how to successfully pivot and adjust for the risk. I’ll explore what it means to pivot in various areas of life, why it can be challenging, and some tools to help make the process easier.

What Does It Mean to Pivot?

Pivoting is all about making a significant change in direction. Whether it’s in your personal life, relationships, career, or business, pivoting allows you to shift your focus. This change lets you follow your passions and renew your focus, using your past experiences and lessons learned to create something new and exciting.

Why Is Pivoting Difficult?

Pivoting is often challenging because it requires effort and courage, and it’s a task only you can undertake. It might not always be what you prefer to do, making it even harder. It’s important to understand the difference between pivoting and evolving. While pivoting is about changing direction, evolving is about personal growth and development. As noted in a Psychology Today article, the psychological hurdles can make the pivot feel overwhelming.

Change management is a crucial aspect of successfully navigating a pivot. According to a study by McKinsey, only 30% of change management initiatives succeed, highlighting the difficulty many face in making significant changes.

Tools to Make Pivoting Easier

To help ease the process of pivoting, it's useful to have a personal framework. This framework can include setting clear goals, identifying your passions, and using your past experiences to guide your new direction. Additionally, staying open to learning and being flexible can help you navigate the challenges that come with change.

Join me as I break down these ideas and offer practical advice on how to successfully pivot in any area of your life. Whether you’re looking to make a small change or a significant shift, this episode is packed with insights to help you on your journey. Tune in now and discover how you can turn your experiences into a new path forward.

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