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- Oct 23, 2017
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Hi All ,
I recently read a book called Zero to One by Peter Thiel . As per him we should enter a field where we can establish a monopoly . In M J's book we read if there is competition we should skew values and make ourselves dominant in our business. My question is what should be the level to competition before we enter a business ? Do we enter a field in which there is no competition ? Enter a market which is saturated but we have confidence that we can still dominate it ?
I think there is a thin line between having competition and entering a saturated market . How to choose or make better decision .
I recently read a book called Zero to One by Peter Thiel . As per him we should enter a field where we can establish a monopoly . In M J's book we read if there is competition we should skew values and make ourselves dominant in our business. My question is what should be the level to competition before we enter a business ? Do we enter a field in which there is no competition ? Enter a market which is saturated but we have confidence that we can still dominate it ?
I think there is a thin line between having competition and entering a saturated market . How to choose or make better decision .
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