Competition in Business | Overview, Types & Impact
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Competition in Business | Overview, Types & Impact
15K viewsFeb 23, 2016
Study.comJames Carnrite
When I started my business, I used to think competition as a threat. It made me anxious like someone was always one step ahead. But over time, I realized competition is actually one of the best teachers. Here’s what I’ve learned: 1.Proof of demand: if others are making money, it means people actually want the product. 2. Free education: your competitors are showing you what works and what doesn’t. 3. Market validation: a crowded space means there’s real demand, you just need your own twist. 4. M
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