How can I start a business when there’s so much competition?

Have you been thinking about starting a business, but maybe you’re saying to yourself?

“There’s too much competition out there, I don’t know how I would measure up.”

Business Coach, Darcy Eikenberg will dispel the three most common myths stopping hopeful entrepreneurs from bringing their ideas to life.

  1. I shouldn’t start a business if there’s already competition – Competition is evidence that there are customers and clients for your business. For the work you want to do and the way, you want to serve. Don’t get caught up in thinking you have to be totally unique. Because that couldn’t be further from the truth
  2. I need to worry about my competition every single day or I need to do everything better than they do. Worry, fear and stress are not productive emotions. When you worry about your competition you’re not focused on what you can control which is YOU! And your decisions. Replace your worry with curiosity. Talk and engage with your competition, try to learn from their experience. You might have a revelation about the direction in which you want to take your business!
  3. Other people are my competition –Are the thoughts in your head getting in the way of you trying something new? Often, your biggest competition is YOU. Self-doubt and fear of reaching out and making an offer, or pricing your products and services in a way that reflects the true value of the problem is a bigger obstacle than your perceived competition. We can be the biggest roadblock to moving our business forward. To truly build a successful business, we must start believing in ourselves

How about you? How do you get past all the myths that are out there about competition? Let us know in the comments below


Leave a Reply