May 26, 2023

Pivoting with Purpose: Unveiling the Evolution of Next-Gen's Mission

 Pivoting with Purpose: Unveiling the Evolution of Next-Gen's Mission
May 26, 2023

Pivoting with Purpose: Unveiling the Evolution of Next-Gen's Mission

Alex Irigoyen
Co-founder & Chief Executive Officer
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Reflecting on the past, it's remarkable to witness the transformative journey of Next-Gen, a company that was once focused on hosting live events to bring people together. Those events, where individuals connected physically and shared their passions and ideas, were at the core of Next-Gen's mission. However, with the arrival of the COVID-19 pandemic in 2020, everything changed.

The pandemic necessitated a paradigm shift for Next-Gen. Suddenly, in-person gatherings became impossible, and the thriving events business faced an abrupt halt. Run rates plummeted from over a million dollars to zero, forcing the organization to confront a new reality.

Accepting the longevity of the pandemic was a crucial step in Next-Gen's journey. It was no longer a matter of postponing events for a few weeks or months. The world had to come to terms with the fact that this was a lasting challenge. As the CEO, I vividly recall the initial hope that things would return to normal soon, but it became evident that the path forward required embracing a different approach.

During this period of reflection and adaptation, we recognized that the core mission and ethos of Next-Gen extended beyond the events themselves. While events had been the chosen vehicle to connect and share our message, we saw an opportunity to leverage technology to reach an even larger audience and have a broader impact.

The transition to a digital platform was not without its challenges. We had to learn from our customers, members, and potential users to understand their needs and aspirations. In doing so, we discovered a significant opportunity in the realm of skills-based hiring. Our events had attracted not only entrepreneurs but also students and young professionals who shared the entrepreneurial mindset. We realized that our value lay in helping these individuals build their skills and apply them effectively in the job market.

With this realization, Next-Gen embarked on a remarkable transformation. We shifted from an events-based business to a software-as-a-service (SaaS) company with a focus on e-learning and job-tech platforms. By providing resources for personal and professional growth, we aimed to empower young people to understand their unique values, technical skills, and soft skills. We helped them explore potential career paths and acquire the necessary skills to pursue their desired jobs or entrepreneurial ventures.

The journey from live events to a digital platform was a whirlwind, but we never lost sight of our core mission. We adapted our approach and delivery, ensuring that our vision to empower the next generation to succeed at work and in life remained intact. The words may have changed, but the ethos remained consistent.

Today, Next-Gen stands as a testament to resilience, perseverance, and the power of adaptability. Despite the challenges faced during the pandemic, we continue to empower young individuals, albeit through a different medium. We embrace the opportunities offered by technology, recognizing that although there may be some losses in the transition from in-person to digital interactions, there are also immense gains in terms of personalization, scalability, and access to a global community.

In conclusion, the transformative journey of Next-Gen highlights the importance of embracing change and finding new ways to deliver value. By pivoting with purpose and remaining true to our mission, we have evolved and continue to make a positive impact on the next generation. The challenges of the past have forged us into a stronger and more resilient organization, ready to navigate the uncertainties of the future and empower young individuals to succeed in an ever-changing world.

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