Innovation not Competition
I am thrilled and excited with the idea.On our recent brainstorming regarding our new business portal launch, we found ourselves competing head-on with a HUGE player in the industry. Faces ablazed with disappointment and frustration.
Once we took our time to study their idea and business model, things started to look better. Even though we had exactly the same idea as them (no we didn;t copy theirs), our application of that idea innovated it to higher realms. Eureka!
This makes me declare that online business platform does not work upon competition-based ideology but an innovation-based one. Otherwise, how come we, a garage full of entrepreneurs, challenge a multi-million dollar corporation.Size doesn’t matter anymore. If it does, then how come a gigantic elephant of a firm feel threatened by us tiny dots?
Isn’t it exciting, the power that this idea of innovation-led mentality gives you? Makes one stop worrying about a crowded niche/industry in the first place. If there is a idea that can solve a genuine problem and you know no one else has your innovative edge, then, as Nike says, ‘Just Do It’ man!
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