1 Min.
Episode - 20 : MYOPIC STARTUP - Kill the Competition AEKNATH MISHRA SHOW to build STARTUP
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- Firmengründung
The first to act has the advantage. If you enter a market before your competitor, you have a chance to capture a significant share before they have even begun. However, the better option may be to act last and focus on a niche that your competition may have neglected. Remember, there are two methods of competition: perfect competition, where there is no product differentiation and an intense struggle for survival, and monopolies, where you focus on a market they have not touched.
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Send in a voice message: https://podcasters.spotify.com/pod/show/aeknath/message
The first to act has the advantage. If you enter a market before your competitor, you have a chance to capture a significant share before they have even begun. However, the better option may be to act last and focus on a niche that your competition may have neglected. Remember, there are two methods of competition: perfect competition, where there is no product differentiation and an intense struggle for survival, and monopolies, where you focus on a market they have not touched.
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Send in a voice message: https://podcasters.spotify.com/pod/show/aeknath/message
1 Min.