Are big players in niche genre afraid of competition from new and small entrepreneurs?

It happened to me and am sure it happens everywhere. But why are the biggies who are respected and have been there for 10 -15 years in the market feeling very insecure of new entrants? This is happening in the online space (B2B) in the genre of media, advertising, marketing. The first thing that comes to their mind is to kill the product and the spirit of the entrepreneur by hook or crook. It is presumed that competition is always healthy so why are the biggies afraid of competition? Nobody has the monopoly over competition in a democratic set up like we have in India?

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The biggies have taken almost 10 to 15 years to reach there....

The new enterpreuneures dare to be different and what the biggies acheived in 15 years.....the new enterpreneurs will achieve it in 7 to 8 years ...one  has to go with the pace...

and so the new entrants maybe a threat to the biggies :)

 

 

 

thanks anushka, I think they should perceive competition as partner in progress and not be afraid of them. Either they are too complacent or they lack ideas to compete. For them the best is to kill the competition and in long run it won't do good to them.

Anushka Shroff said:

The biggies have taken almost 10 to 15 years to reach there....

The new enterpreuneures dare to be different and what the biggies acheived in 15 years.....the new enterpreneurs will achieve it in 7 to 8 years ...one  has to go with the pace...

and so the new entrants maybe a threat to the biggies :)

 

 

 

I think a successful enterprenuer is blessed with the competency of being creative….in which he/she excels , moving forward upward….who has the guts  for believing in their own ideas, innovations, initiatives  beyond the envy of  others ……and should be able to manage an  uncertainity in business  frameworks and grab new opportunities  ............rather than killing  completion,.which is escapism  ..



anand nair said:
thanks anushka, I think they should perceive competition as partner in progress and not be afraid of them. Either they are too complacent or they lack ideas to compete. For them the best is to kill the competition and in long run it won't do good to them.

Anushka Shroff said:

The biggies have taken almost 10 to 15 years to reach there....

The new enterpreuneures dare to be different and what the biggies acheived in 15 years.....the new enterpreneurs will achieve it in 7 to 8 years ...one  has to go with the pace...

and so the new entrants maybe a threat to the biggies :)

 

 

 

I think the statement.. "Survival of the fittest" which has ruled everything in this world since ages even applies to business.. Competition no doubt is good but at the same time my view is that if you can you should outrun the competition and make them go away..

 

Just look at it this way... would you let businesses thrive when you know that they can grow up cut down your market.. your income.. your business.. :)

 

"Survival of the fittest." =)

Hi Anand,

 

 

I am completely in sync with you on this..are the biggies insecure and not confident about their products?
Anushka Shroff said:

The biggies have taken almost 10 to 15 years to reach there....

The new enterpreuneures dare to be different and what the biggies acheived in 15 years.....the new enterpreneurs will achieve it in 7 to 8 years ...one  has to go with the pace...

and so the new entrants maybe a threat to the biggies :)

 

 

 

Hi

It's not  only "Survival of the fittest".....with the burning desire to be the best ...and being the best , by default kills competition...:)



TMS.Shammie said:

I think the statement.. "Survival of the fittest" which has ruled everything in this world since ages even applies to business.. Competition no doubt is good but at the same time my view is that if you can you should outrun the competition and make them go away..

 

Just look at it this way... would you let businesses thrive when you know that they can grow up cut down your market.. your income.. your business.. :)

 

"Survival of the fittest." =)

Dear Shammie,

Thanks for your inputs. I too believe in 'Survival of the fittest' and this could be the very reason for biggies not to kill the competition. If they are fit and fine, why get into such act in the first place, as a leader, accept it and fight it out in the market and not get into other means of killing the competition. Be in the market and face it and fight it out...that's way it should be and everyone would respect you for that.

 

It's only them who have been the inspiration for small players to come into their league, let the market, product, service and consumer dictate and not otherwise.


TMS.Shammie said:

I think the statement.. "Survival of the fittest" which has ruled everything in this world since ages even applies to business.. Competition no doubt is good but at the same time my view is that if you can you should outrun the competition and make them go away..

 

Just look at it this way... would you let businesses thrive when you know that they can grow up cut down your market.. your income.. your business.. :)

 

"Survival of the fittest." =)

Agreed, every company needs to make their product line strong. And every company always does that. My point is if it possible why not try and cut down on competition? If the competition is being cutdown down by ethical means i for no reason see any harm in doing so.. i may not concern and concentrate my actual efforts on that though..

In todays world there's competition everywhere, killing the competition depends on how you choose to do it.. for example, i may be giving an entrance exam for a premier college seat. I have more resources at my hand to utilize then alot of other candidates.. to me using those resources is a way to cut down on competition cause it gives me more insights to crack the exam.. some points which they would not come to know.. Does this mean that i should not use it? Does it mean that i should not use the extra resources that i have so that the playground is fair for all?

Regards,
TMS



Jyoti Shukla said:

@ anand:  "Either they are too complacent or they lack ideas to compete." I think it's more like lack of ideas.

@TMS.Shammie: Focusing of "making one's line longer" than focusing on "cutting the other's line shorter ALWAYS wins in the end and those who focus on how to kill the competition instead of focusing on how to grow themselves end up being the biggest losers. This is nature's law, you focus on others, you lose. You focus on yourself, you win.

Hi Anand,

I feel that you have been at a receiving end of an unethical way of cutting down competition. Something which is not fair in your mind. Unfortunately i don't know what happened which prompted you to start the discussion.. could share the experience.. it would at the very least help me understand what is it that entrepreneurs should be on a look out for when bigger companies look to cut them down..

Regards,
TMS



anand nair said:

Dear Shammie,

Thanks for your inputs. I too believe in 'Survival of the fittest' and this could be the very reason for biggies not to kill the competition. If they are fit and fine, why get into such act in the first place, as a leader, accept it and fight it out in the market and not get into other means of killing the competition. Be in the market and face it and fight it out...that's way it should be and everyone would respect you for that.

 

It's only them who have been the inspiration for small players to come into their league, let the market, product, service and consumer dictate and not otherwise.


TMS.Shammie said:

I think the statement.. "Survival of the fittest" which has ruled everything in this world since ages even applies to business.. Competition no doubt is good but at the same time my view is that if you can you should outrun the competition and make them go away..

 

Just look at it this way... would you let businesses thrive when you know that they can grow up cut down your market.. your income.. your business.. :)

 

"Survival of the fittest." =)

Precisely, but what i am doing is still cutting down on competition :-)

Regards,
TMS



Jyoti Shukla said:

@TMS.Shammie : I think we both are saying same thing in different words:)

Take your example of using extra resources to get ahead of competition.

If you have extra resources that give you an edge over the competition and you spend your time and energy in utilize those resources to “build your strength”,  then you sure are a winner because you are focusing on yourself.

If you spend your time and energy in making sure that the competitor does not get access to those same extra resources, then sooner or later you are going to end up as a loser because you would be focusing on someone/ something other than yourself.

TMS.Shammie said:

Agreed, every company needs to make their product line strong. And every company always does that. My point is if it possible why not try and cut down on competition? If the competition is being cutdown down by ethical means i for no reason see any harm in doing so.. i may not concern and concentrate my actual efforts on that though..

In todays world there's competition everywhere, killing the competition depends on how you choose to do it.. for example, i may be giving an entrance exam for a premier college seat. I have more resources at my hand to utilize then alot of other candidates.. to me using those resources is a way to cut down on competition cause it gives me more insights to crack the exam.. some points which they would not come to know.. Does this mean that i should not use it? Does it mean that i should not use the extra resources that i have so that the playground is fair for all?

Regards,
TMS



Jyoti Shukla said:

@ anand:  "Either they are too complacent or they lack ideas to compete." I think it's more like lack of ideas.

@TMS.Shammie: Focusing of "making one's line longer" than focusing on "cutting the other's line shorter ALWAYS wins in the end and those who focus on how to kill the competition instead of focusing on how to grow themselves end up being the biggest losers. This is nature's law, you focus on others, you lose. You focus on yourself, you win.

yeah,i think if you are the best ,you survive naturally and move ahead much faster....competition ,be it from the big ones or the small ones,from the already settled to the emerging,all become theoretical at that stage.

Anushka Shroff said:

Hi

It's not  only "Survival of the fittest".....with the burning desire to be the best ...and being the best , by default kills competition...:)



TMS.Shammie said:

 

I think the statement.. "Survival of the fittest" which has ruled everything in this world since ages even applies to business.. Competition no doubt is good but at the same time my view is that if you can you should outrun the competition and make them go away..

 

Just look at it this way... would you let businesses thrive when you know that they can grow up cut down your market.. your income.. your business.. :)

 

"Survival of the fittest." =)

Thums up..!!!

pankaj khandelwal said:
yeah,i think if you are the best ,you survive naturally and move ahead much faster....competition ,be it from the big ones or the small ones,from the already settled to the emerging,all become theoretical at that stage.

Anushka Shroff said:

Hi

It's not  only "Survival of the fittest".....with the burning desire to be the best ...and being the best , by default kills competition...:)



TMS.Shammie said:

 

I think the statement.. "Survival of the fittest" which has ruled everything in this world since ages even applies to business.. Competition no doubt is good but at the same time my view is that if you can you should outrun the competition and make them go away..

 

Just look at it this way... would you let businesses thrive when you know that they can grow up cut down your market.. your income.. your business.. :)

 

"Survival of the fittest." =)

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