Every Entrepreneur Has Had to Change Their Business Model in Some Way. Here’s How Some of the Most Successful Ones Did It

If you’re doing the same thing today that you did yesterday, chances are it’s the wrong thing. No matter what industry you’re in, you’re facing a business landscape that’s constantly changing, evolving, getting disrupted–and fiddling like BlackBerry at an iPhone release party won’t get the job done. So if your business model isn’t set up right now for future success, you’ll need to continuously anticipate, evaluate, and adapt. And if it is … same advice.

Of course, changes in strategy vary widely by kind and degree. Unless it’s early days for your company or something’s gone horribly wrong, you probably don’t need a full-on pivot from selling ice cream to developing bioweapons. In most cases, the sweet spot is somewhere between that and, say, Blockbuster Video trying to fend off obsolescence with higher late fees.

Sure, it’s all a lot to take on, but here’s a good place to start: We’ve spoken with a host of entrepreneurs who saw a storm coming,…

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