3min chapter

The Bootstrapped Founder cover image

97: Why Competition is Good For Business

The Bootstrapped Founder

CHAPTER

How to Adapt to Changes in the Market

The more specific your niche, the better for product development. Serving a mostly homogeneous stomer base will make it easier to build a low touch business. Knowing that all users share the same challenges makes feature priorization a simple task as well. Competition allows you to carve out your own niche in the market. And just like in the olympic 800 meter women's final i was talking about, earl you have to catch up with the leaders in the race.

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