“Even in the fact of massive competition, don’t think about the competition. Literally don’t think about them. Every time you’re in a meeting and you’re tempted to talk about a competitor, replace that thought with one about user feedback or surveys. Just think about the customer.”
– Mike McCue, CEO Tellme Networks, Former VP of Technology Netscape
If you don’t understand the customer better than the competition, quit.
If you can’t recruit a team that can serve your customers better than the competition, quit.
If you don’t think the market is big enough for competitors, quit.
Assume you have 30 competitors. Assume half of them have more money than you. Assume they’re ahead of you. Don’t worry when they launch before you do. Every overnight success story is the result of years of sustained, focused execution.
If you want to be #1, ignore the competition. (source: Nivi Blog)