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I just wanted to share a weird feeling I have inside.
I launched a product a few months ago, which revolutionized the industry I was dealing in. I actually invented a new business model and became the emerging name in the online market.
But now, my competitors have copied exactly the same business model, and launched a product in 2 months against the product to which I spent whole 1 year to develop.
The advantage they have over me is just they have a good customer database (As I was pretty new to the industry)
I know I am going to beat them as I launch next version of my product. But the thing is, developing my product is just taking too much time. Thats what makes me feel down.
Thanks for listening to me! :)
You were a great audience.
it's bound to happen, especially if you are doing well, of course they are going to imitate you.
>> I know I am going to beat them
there ya go, good attitude
put it this way, if they are spending all their time trying to figure out what you have already done then you can spend your time thinking up new ways to get ahead ;)
The real secret is not to worry about being copied. Accept that. But get to your market first, and get to it big. Then the copiers won't have much left to steal.
Actually, it's good news. You have confirmation of demand.