Our world is competition crazy. Any new idea that thrives is soon subject to copying by other players in that industry.
Every night, many Entrepreneurs cannot sleep as they ponder over what to do now that the big names in their sectors are shamelessly copying their USP and adding it to their offerings.
The modern business landscape is such a brutal place, certainly not for the weak minded.
An alternative to all the competition is another approach which I call “Completing each other” or someone else says “Complementing each other”. It is not compulsory for us to compete everytime.
There is no reason several companies in the same industry cannot share a common framework and leverage each other’s strength. This mindset of me against the world will continue to kill us. Serious.
There are 7 billion people in the world, the odds that you can serve them all on your own is small, if we work together more often, we will reduce wastage and our overall output will increase.
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Watching The World
Uber is pulling out of the competition in China, they will now ‘complete’ Didi, the market leader of the ride hailing industry and Uber can focus on other markets of the world.
