80% of Failed Founders Start New Companies, Survey Finds
Failure isn't stopping entrepreneurs. A new survey of 200 startup founders reveals that more than 80% who experienced failure became more likely to launch another company, not less.
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8 results for "pivoting"
Niger Delta Targets $5B Investment Beyond Oil Economy
Nigeria's oil-rich Niger Delta is hosting its first economic summit to attract $5 billion in new investments and create 500,000 jobs outside the petroleum industry. The nine-state region is pivoting toward agriculture, manufacturing, tourism, and renewable energy to build lasting prosperity for communities long overlooked despite sitting atop the nation's wealth.
Armenia Signals Peace, EU Ties, and Infrastructure Boom
After decades of blockade and fresh from conflict, Armenia is pivoting toward peace with Azerbaijan, closer EU ties, and ambitious plans to become a critical link between Europe and Asia. Foreign Minister Ararat Mirzoyan says the nation is choosing to focus on the future.
South Korea Cuts Virgin Plastic Use 30% by 2030
South Korea just announced an ambitious plan to slash new petroleum-based plastics by over 30% within four years, pivoting toward recycled materials instead. The roadmap responds to recent supply shocks from Middle East conflicts while tackling the country's oil-dependent plastic economy.
Artist Builds $2M Hair Clip Business After Closing Store
Jenny Lennick turned a $90,000 debt into a thriving business by pivoting from clothing to food-themed hair accessories. Her San Francisco brand now sells to 1,500 stores worldwide.
TaskRabbit Founder: Success Comes From Changing Course
The entrepreneur who built TaskRabbit into a gig economy giant discovered that pivoting isn't failure. After interviewing dozens of successful founders, she found the real secret to breaking barriers is knowing when to change direction.
This $99 Tool Replaces Your Entire Toolbox (No Battery)
A new manual ratchet system combines screwdriver and socket functions into one compact tool that never needs charging. The FixBuddy Ratchet comes with over 40 interchangeable bits and a pivoting head designed to end mid-project frustration.
Illinois Students Raise $17M for Two Thriving Startups
University of Illinois students turned classroom ideas into real companies, raising millions and serving customers nationwide. Their secret? Starting small, pivoting fast, and solving real problems.