It's working!!!

Thanks to everyone who is sending growing thoughts to my Ti plant. It's working. It now definitely has at least three and possibly five new branches starting to bud out of that bare stick. So the question now is, do I leave it in that little pot with the idea that being a little root bound will force it to grow or do I go ahead and repot it into the bigger pot, as was the original plan?

Also wondering if there's any reason I shouldn't just bury the stalk right up to the base of the new branch to get rid of the ugly old one from the original plant?