Some midweek wisdom from Y Combinator founder, Paul Graham, on why startups shouldn't stress over competitors. According to Graham, based on Y Combinator's extensive data set, few of their startups are actually killed by competitors. He compares the protection a startup has against competitors to the vastness of space, emphasising that the market is large enough for multiple players to thrive. Graham's analogy likens encountering a competitor to suddenly finding another runner in your race lane - the best course of action? “It’s sort of like if you’re running the hundred meters and suddenly a lane appears with another runner in it. What should you do? Run as fast as you can, just like you presumably were.” #Startups #Competition #Entrepreneurship #wearehiring
Here is another great resource of insight and information from the one and only Paul Graham of YC fame. One of the great pieces of advice he shares for startups is how to handle things when a new competitor enters the same space, Paul Graham advises them: “It’s sort of like if you’re running the hundred meters and suddenly a lane appears with another runner in it. What should you do? Run as fast as you can, just like you presumably were.” In short keep the focus on executing well and executing fast. Good luck to all of you who are building and striving for greatness! YC 創業者ポール・グラハム氏による、素晴らしいインタビューです。 彼がスタートアップ向けに共有する素晴らしいアドバイスの 1 つは、新しい競合が同じ分野に参入してきたときにどう対処するかです。ポール・グラハム氏は次のようにアドバイスしています。 「100 メートル走っているときに突然別のランナーがいるレーンが現れたような感じです。どうしたらいいでしょうか。おそらくそうだったように、できるだけ速く走ってください。」 要するに、丁寧に実行することと速く実行することに焦点を当て続けることです。起業家の皆さんも、引き続けて頑張ってください！ https://lnkd.in/gfEP6fn8 #startup #entrepreneurship #paulgraham #YC #companybuilder #wearehiring #success ＃スタートアップ #起業家 #スタートアップスタジオ #カンパニービルダー #スタートアップメンバー募集中
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4moIndeed. More important than that I think, it’s to focus on the “uniqueness” and high value of the product for the customers… ofc that’s precisely what’s hard!