Why Being Unique and Having No Competitors is a Bad Business Model

No competition equals a bad business. If there’s no competition, there’s likely very little demand for your solution. So how can you get into a competitive space and create a successful business?
This video offers actionable steps to win deals over big firms. We provide focal points you can’t ignore, opportunities to create competitive advantage, and the benefits that will accompany you along the way.
Watch this video to learn more about:
- The benefits of doing business in a competitive market
- How to be better, faster, and cheaper than your competition without sacrificing profits
- How to adjust your strategy as you grow for maintained success
00:00 Introduction
00:35 Why You Want Competition
01:01 Things to Consider if You Don't Have Competition
01:50 An Example of Repositioning Your Business
03:08 Compete Against Big Business For Multiple Reasons
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📚Resources:
Get the Book: hubs.ly/Q01Jp-790
Pro Serve Podcast: hubs.la/Q01Jp-8S0
Pro Serve Blog: hubs.ly/Q01Jp-9k0
💲Channel Details:
Profiting in Professional Services is a KZbin Channel brought to you by Collective 54, the first mastermind community for boutique professional service firms. Learn how you can make more, work less and sell your firm for more, faster. Explore Collective 54 for Founders/CEOs: hubs.la/Q01Jp_Qp0
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