#114: Don't Be Scared Of A Crowded Market

Seeking Wisdom with David Cancel

Molly Sloan

Business, Entrepreneurship

5 • 610 Ratings

🗓️ 7 March 2018

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If you liked this episode, we bet that you’ll love our blog content. blog.drift.com/#subscribe Subscribe to never miss a post & join the 20,000+ other pros committed to getting better every day. ----- Crowded market? No problem. On this episode of Seeking Wisdom, we are unpacking why DC LOVES crowded markets -- and why the biggest mistake most startups make is not entering them. Competition is good (and we're going to talk about why). But also, we'll talk about the other half of this thing: you cant enter a crowded market and play by the same rules. You have to write your own playbook. Say hi to @dcancel and @davegerhardt on Twitter. And don't forget -- HYPERGROWTH 2018 is coming. Get your tickets at hypergrowth.drift.com with the promo code SEEKINGWISDOM.

Transcript

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0:00.0	So, man, we have cameras. We have cameras. We have amazing stuff in here. You just had a hell of a week.
0:15.7	I'm gone. I don't want to give away all the secrets because you learned too many things.
0:19.1	Boy, tell me where you were. I was in Vegas.
0:21.3	You're in Vegas.
0:22.0	Can't talk about that.
0:23.1	Okay.
0:23.9	No, you can. You can say where you're at. Oh, okay. That sounds better. There you go. Yeah, I was in Vegas. I went to the 10X group comp. Grand Cardone? Grand Cardone. Everything as advertised? Everything has advertised and more.
0:18.7	More.
0:19.6	Ridiculous.
0:20.2	Redunculus.
0:21.4	And then I was in San Diego for TNC, traffic conversion conference. Shout out digital marketer. It may have been a brief stop in LA. Cannot talk about that. You stopped in LA? That's called the dark office. When was that? That's called the dark option. I can't even think. Oh. That was a block operation.
0:55.0	Can't talk about that.
0:55.5	I got to tell you guys something.
0:56.6	I was on the flight home last night.
0:58.2	DC was on the flight. I was in the last row of the plane. I was in the last row. My seat wouldn't even recline. What do they have in the last row? They have nothing.
0:51.0	My seat would not recline.
0:52.4	So I'm in the last row.
0:53.7	And this guy...
0:54.4	Was I in the last row?
0:55.4	You were not.
0:56.2	Okay.
0:57.0	What's the opposite of the last row? Oh. Okay. You were not in the last row, which is great. That's where we should be. I didn't know you were on the flight. That is where we should be. Okay. So, so I'm sitting back there. I'm sitting back there and all of a sudden this guy comes back to me, a flight attendant. itrell. And he goes, uh, excuse me, sir. He goes, I heard you with a VP of marketing at Drift.com. That's how you talk. He goes, I've been sent here to give you a drink. And I was like, what? Then he comes and he gives, I was with Leah, my wife on the plane. He gave me a vodka soda. He said, this is from the two gentlemen up front.
	...

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