Per Welinder recounts a major business pivot: moving away from a licensing-only model after realizing it lacked long-term control and profitability. The shift required closing down part of the business and rebuilding with proprietary brands. It’s a real-world lesson in adaptability, control, and knowing when to change course.
Key Topics
- When to pivot your business model
- Risks of relying on licensing alone
- Building proprietary brands vs. external IP
- Letting go of what no longer works
- Strategic ownership and long-term vision
Quotes
- “One painful time was when the licensing-only model became unsustainable.”
- “That was a tough pivot—shutting down one business to start something we could own.”
- “You need control if you want staying power.”