Is It a Good Idea to Start a Business if There Is No Competition at All?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business Advice, Marketing, Podcasting, Getting Started, Business Strategy, Business, Small Business, Passive Income, Online Entrepreneurship

4.9 • 638 Ratings

🗓️ 24 May 2017

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's question comes from Taher, who asks, “Is it a good idea to start a business if there is almost no competition at all?” Do you have a question about starting a business? Record it at http://www.askpat.com/. Today’s sponsor is FreshBooks. Go to http://www.freshbooks.com/askpat and enter “Ask Pat” in the “How Did You Hear About Us?” section for more information. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Ask Pat.
0:04.1	AskPath.com.
0:09.8	Hey, what's up, everybody?
0:10.9	Patlin here and welcome to episode 872 of Ask Pat.
0:14.3	Thank you so much for joining me.
0:15.5	As always, I'm here to help you by answering your online business questions five days a week.
0:19.5	We have a great question today coming from Taher.
0:22.0	But before we get to that, I do want to thank today's sponsor, which is FreshBooks,
0:25.6	one of my favorite companies because they help me and serve millions of other small businesses
0:29.7	with helping us manage our business finances, from keeping track of our income to our expenses,
0:35.6	but also invoicing.
0:36.6	So if you do any billing
0:37.7	of any kind to students or businesses or whatever, you can create an amazing looking professional
0:44.1	invoice in less than 30 seconds with FreshBooks and then even keep track of your payments,
0:48.9	but also who has yet to even open those invoices, which makes it really easy to follow up
0:53.1	with people. So you can check out FreshBooks for free for 30 days to help you manage your business finances
0:58.4	by going to FreshBooks.com slash Ask Pat.
1:01.5	And just make sure you enter Ask Pat in the How Did You Hear About Us section?
1:04.8	So again, that's FreshBooks.com slash Ask Pat.
1:08.3	All right.
1:08.9	Now here's today's question from Tahir.
1:12.0	Hi, Pat.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Pat Flynn, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Pat Flynn and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.