“At both Viaweb and YC, every minute I spent thinking about competitors was, in retrospect, a minute wasted... It's exceptionally rare for startups to be killed by competitors — so rare that you can almost discount the possibility... Inexperienced founders usually give competitors more credit than they deserve. Whether you succeed depends far more
... See moreStartups often assume their better funded competitors are doing well, which leads to dogmatically chasing/copying #1 if you’re #2+
#2 tries to catch up to #1 by running the same way but faster. It’s often the case #1 is headed in the wrong direction, and now #2+ is too
Braden Reamtwitter.comFind an industry more dull than yours, discover who’s remarkable (it won’t take long), and do what they did.
Seth Godin • Purple Cow: Transform Your Business by Being Remarkable
If you forget about your competition, you're forced to focus on your business, which is to innovate, skew value, and win over the minds of your customers. And when you fill needs, and your army of customers grows, something suddenly happens: Everyone follows you.
MJ DeMarco • The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
The less time you spend thinking about or reading about or reacting to or writing about what anyone else is doing, the more time and positive energy you have to make your product the absolute best.
Which is how you will win.
Which is how you will win.