Today, the smartphone in your pocket is more powerful than the computers NASA used to put astronauts on the moon.
Modern technology is developing at an exponential rate — so fast that some predict that humans won’t even be able to keep up with some kind of artificial intelligence to help us.
With the kind of rapid technological development that’s going on every day, new startups have to be agile to keep competitive and stay in business.
Not a few startups fail because they don’t react fast enough, or focus on the wrong products or strategies from the beginning. Some entrepreneurs fall in love with their original ideas, and fail to pivot soon enough because they can’t admit it’s not working.