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Everything Was Perfect Until - The Pivot From Hell

Entrepreneur US

|

September 2022

Many founders pivoted during the pandemic. But not everyone had the FBI show up at their door with guns, take all their money, run them out of town, and turn them into pariahs while they pulled off said pivot. That's what happened to AMY NELSON, founder of The Riveter. This is her story in real time.

- LIZ BRODY

Everything Was Perfect Until - The Pivot From Hell

It's 5 a.m. on December 9, 2020, and Amy Nelson is on Zoom in a green camo hoodie, ready for battle.

A week earlier, she'd sent an intriguing email: "Between us," she wrote, "by February I'll have a story of pulling off the world's most amazing pivot...or my company will be at the end of its journey. What a hell of a six months. Dumpster fire is appropriate."

Amy founded The Riveter, which runs coworking spaces for women across the country. At least, that's what it used to do, before the pandemic emptied offices everywhere. In the yesteryear of girlbosseratti, she was the lawyer-turned-founder-the mom with a warm, Midwestern ferocity-hefting law books and diapers, racing through airports in heels to speak on yet another panel. There, she'd expertly julienne gristly issues into precise, debate-worthy points. ("The school system runs on the agrarian calendar, our work system does not," she told a Wall Street Journal video interviewer regarding corporate America's treatment of mothers.) Now, like many founders, she was trying to skid her company into a U-turn as Covid smashed into her carefully laid plans.

Amy wasn't looking for a reporter to cover her pivot-not in its messy early stages, anyway. We'd connected on something else. But when I got her email, it occurred to me that people usually hear about a pivot only after the fact. What would it look like to chronicle one as it goes? How could others gain from seeing this play out in raw, real-time? I proposed that we touch base every week so I could ride shotgun. Maybe there'd be a story. Maybe not.

She responded: "When should we talk?"

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