2min chapter

The Bootstrapped Founder cover image

130: Entrepreneurial Anti-Patterns — What to Avoid When You're Starting a Business

The Bootstrapped Founder

CHAPTER

How to Avoid the Well Trodden Paths That Go Narrow

Just as you will get new customers, someo will leave your business overtime for whatever reason. But structureal churn is visible from miles away. You just have to observe yheu industry. So make sure to look out for it. And here's the think there's a chance that even if you were to build a copy cat business in a much too huge market with barely any ability to pay an structural curn beyond 50 %, you still might be able to run a successful business out of there. When you compare that to a uniquely differentiated business that solves a clear problem, a niche with enough growth potential and a solid budget for novel solutions with very low structural churn, now you might

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