Pivoting
Wanted to discuss pivoting in the entrepreneurial world. Have been working on a real estate business plan for the past couple years, struck out on my own 2 years ago and gotten very close on numerous deals, but haven't gotten any of them over the line. It's an extremely niche angle and although I have investors interested, there's just not enough deals to have any scale.
After putting all my eggs in this one basket, I'm now going to pivot to a different (although relatively niche) asset class that seems to have more scale and promise.
How do I go back to my investors with this new business plan that's completely different?
What's worked for you?