Post
Topic
Board Economics
Re: Can one face competitors in business and still succeed. And how?
by
stadus
on 24/10/2024, 06:24:34 UTC
That's just business competition, it’s completely normal in the business world. Starting a business isn’t easy if you don’t have the knowledge about how the market works and the courage to face challenges. Before starting, you should already anticipate that eventually, competitors will emerge and become a threat to your business. You can’t avoid it; it’s part of the reality. The best thing you can do is improve your service so that your clients or customers still choose you.

Also, think about it from another perspective - healthy competition actually improves customer service. It may seem tough for you, but for the customers, it’s a benefit. Remember that all successful business people have faced competition, and because they tackled those challenges, they succeeded. To put it simply, think of running a business as problem-solving. Every problem you solve is a step up, and before you know it, you'll realize you’re at the top.