on competition
by sari · updated 4mo ago
on competition
by sari · updated 4mo ago
sari added 4mo ago
sari added 5mo ago
sari added 8mo ago
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.”
sari added 8mo ago
Cirque du Soleil succeeded because it realized that to win in the future, companies must stop competing with each other. The only way to beat the competition is to stop trying to beat the competition.
sari added 8mo ago
Brian at Reforge says: One of my strong beliefs is that startups should rarely think about competitors and most should think about alternatives. Alternatives are the other ways your target audience are solving the problem today. If you focus on competitors, you are likely to make three critical mistakes: 1. You Will Lack Differentiation - When comp
... See moresari added 8mo ago
sari added 8mo ago
Of course, we should also keep in mind "do not compete for the sake of competition". Sometimes, after a prolonged period of competition, the only goal becomes simply beating the competitor. For example, in the Microsoft-Google competition, Microsoft for a long time saw defeating Google as its goal, and invested heavily in search. It wasn't until a
... See moresari added 8mo ago
never badmouth your competition. it makes you look insecure.
sari added 8mo ago
sari added 8mo ago