4 ms·
"You could barely it happened from the inside perspective, since the effect of competition was dominated by e.g. the business cycle, the whims of the Google god
by paulhauggis 11y ago
"You could barely it happened from the inside perspective, since the effect of competition was dominated by e.g. the business cycle, the whims of the Google gods, and my health/focus/energy level/ability to continue executing on the businesses."
If a larger company had a larger budget and larger team than yours, BCC would have been crushed. However, there is little money in the business (If I recall, it was making ~#2500/month before you sold it) and it's most likely not worth the effort for so little return for a larger company. In most parts of the world $2500 is barely enough for one person to survive.
"Competition is not a key source of concern to your small business"
If your business is in an extremely small market, I agree. However, as soon as it seems like you are making money, competitors will come sniffing around and if they have a better plan than you, can put you out of business. I've seen it many times at small companies. They ignore the competition and suddenly find themselves going bankrupt because the majority of their customers left.