You only compete with one thing
Or take HEY. HEY has tens of thousands of paying customers. For us that's a win. For Google/Gmail it would be a huge failure. They need a whole lot more to make something worth it. We need a whole lot less to make it a spectacular success. HEY has tens of thousands of users. Gmail has a billion. So are we "losing" to Gmail? Or are HEY and Gmail bot... See more
You only compete with one thing
Take Asana. It would be fair to say Basecamp competes with Asana, in a traditional sense. But in 2021 they lost $285,000,000. In 2020 they lost $210,000,000. And in 2019 they lost $118,000,000. And they're on track to lose even more with over $370,000,000 in losses booked for the trailing twelve months. That's closing in on a billion dollars in los... See more
You only compete with one thing
More heads down, less looking around.
You only compete with one thing
I love this re-framing of competition by Jason Fried: “When it comes to business, I've always preferred the term "alternative" to "competitor" when addressing other options in the market.”