on competition
Tony Sheng • #07 - Erik Torenberg thinks we should build career moats
great advice on writing that applies to life as well:
“No one will ever write in just the way that you do, or in just the way that anyone else does. Because of this fact, there is no real competition between writers. What appears to be competition is actually nothing more than jealousy and gossip. Writing is a matter strictly of developing oneself.
... See moreGause’s principle (evolution): Two species that coexist and compete for limited resources cannot continue at constant populations – one will eventually push the other into extinction or weakness. It’s the same in business: Without some sort of differentiating edge, companies that directly compete against one another often resemble a death match. I
... See moreMorgan Housel • One Big Web: A Few Ways the World Works
I think the first point of treating competitors with an ordinary mind is to see competition as the norm. Don't try to escape the competition, it's a good thing. I don't even think that competition should be ended by doing M&A. We see a lot of companies that eliminate their rivals through M&A becoming complacent and end up slacking off.
Zhang Yiming • Zhang Yiming’s Last Speech: Part II
never badmouth your competition. it makes you look insecure.
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
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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
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