Pivot: Building Sustainable Businesses, Not Just Projects
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In the rapidly evolving Web 3.0 ecosystem, it's common to hear the term "project" used to describe a startup. However, as the industry matures, many founders recognize the importance of transitioning from a "project" mindset to a "business" mindset. This shift is essential for long-term success, scalability, and sustainability. In this blog, we explore the differences between a "project" and a "business," why founders need to embrace a business mindset, and how Pivot and its partners are helping Web3 startups navigate this transition with the support of venture capital funding and more. The “Project” Perspective A "project" typically signifies a short-term, focused effort with specific goals and a defined timeline. In Web3, startups often begin as "projects" where founders experiment with new ideas, concepts, and innovations. This mindset encourages rapid iteration and quick pivots. While the XPivot approach ...