Don’t Let Pride Get in the Way When It’s Time to Pivot

Modern business is hard.

The economy’s choppy. Tariffs shift. Markets swing.

And even the best-laid plans get rattled.

But here’s the real challenge…

Once we’ve committed to a direction—publicly, to our board, our team, even our friends—it’s easy to feel stuck.

As if pivoting is admitting defeat.

Or changing course means we were wrong.

But that’s just pride talking.

The truth?

New information matters.

The world changes… competitors evolve… and customers shift.

And smart leaders don’t double down out of ego.

They adjust.

They say:

“I used to believe this. But because of what we’ve seen… now I believe this.”

That’s not weakness. It’s wisdom.

A Cautionary Tale

In 2000, Netflix offered itself to Blockbuster for $50 million.

Blockbuster said no.

They were committed.

Confident.

And too proud to pivot.

Ten years later, though? 

They filed for bankruptcy.

Meanwhile, Netflix kept adjusting.

From DVDs to streaming…

From streaming to original content…

From content to global platform…

Every pivot created leverage.

Because they weren’t too proud to change.

You know the end of the story: they got the last laugh.

Are You Humble Enough?

A McKinsey study found that companies that regularly reallocate resources based on shifting strategy are 50% more likely to outperform peers over 10 years.

Translation?

Pivoting works.

Not recklessly. Not reactively.

But humbly.

Because progress isn’t about pride…

It’s about movement.

And sometimes?

Movement means pivot.