Comments on: Strategy - What it means for startups…! http://kmonyb.wordpress.com/2006/11/11/strategy-what-it-means-for-startups/ Something for Angels & Entrepreneurs and my reflections on life Mon, 13 Oct 2008 16:30:22 +0000 http://wordpress.org/?v=MU hourly 1 By: Krish http://kmonyb.wordpress.com/2006/11/11/strategy-what-it-means-for-startups/#comment-10 Krish Fri, 17 Nov 2006 15:36:19 +0000 http://kmonyb.wordpress.com/2006/11/11/strategy-what-it-means-for-startups/#comment-10 JPM, Title of the post is " Strategies for startups" - not expansion stage cos. Read bulleted point no.5 - "Never compete with others on the same things. It leads to escalation, leading to lower prices or higher costs unless the competitor is inept. " That's what it means while I said don't compete head-on. When you compete head-on, both bleed. In the end one may win or both may lose leaving a third to win - startups can hardly afford either. Interesting that you took Gootube acquisition. In the first place YouTube was head and shoulders above Google video right from the beginning. It just went ahead and built a great product which the market loved. That's precisely my point too...now read point no.5 once over. JPM,

Title of the post is ” Strategies for startups” - not expansion stage cos.

Read bulleted point no.5 - “Never compete with others on the same things. It leads to escalation, leading to lower prices or higher costs unless the competitor is inept. ”

That’s what it means while I said don’t compete head-on. When you compete head-on, both bleed. In the end one may win or both may lose leaving a third to win - startups can hardly afford either.

Interesting that you took Gootube acquisition. In the first place YouTube was head and shoulders above Google video right from the beginning. It just went ahead and built a great product which the market loved. That’s precisely my point too…now read point no.5 once over.

]]> By: JPM http://kmonyb.wordpress.com/2006/11/11/strategy-what-it-means-for-startups/#comment-9 JPM Fri, 17 Nov 2006 09:55:28 +0000 http://kmonyb.wordpress.com/2006/11/11/strategy-what-it-means-for-startups/#comment-9 Hi Kris, Interesting article... but [quote]Don’t try to compete `head-on’ with other companies. No one wins that kind of struggle. Develop something around your unique USP in the targeted niche.[quote] You wont get anywhere doing this... there are not many unique businesses around today as you think! To rephrase you... there's no BEST company either. YouTube competed against Google Video, who got bought out? Hi Kris,

Interesting article… but

[quote]Don’t try to compete `head-on’ with other companies. No one wins that kind of struggle. Develop something around your unique USP in the targeted niche.[quote]

You wont get anywhere doing this… there are not many unique businesses around today as you think! To rephrase you… there’s no BEST company either.

YouTube competed against Google Video, who got bought out?

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