Earn Your Happy

661. Getting Over the Fear of Competition

Feb 2, 2021
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INSIGHT

Know Your Numbers

  • Knowing your numbers reveals you only need a tiny market slice to succeed.
  • This realization empowers entrepreneurs despite big competitors with large marketing budgets.
ADVICE

Don’t Fear Competition

  • Do not let competition scare you away from starting your business.
  • Every worthwhile business already has competition; move forward authentically anyway.
INSIGHT

Competition Proves Market Demand

  • Existing competition proves market demand; this should excite, not scare.
  • Trying to invent a market with no competition is the biggest mistake you can make.
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