MBA865 Starting a Business in a Crowded Marketplace
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 6 March 2017
⏱️ 19 minutes
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| 0:00.0 | Heyo! Welcome to the $100 R.M.B. A show, the business podcast that gives you real business |
| 0:15.6 | lessons for the real world. I'm your host, your coach, your teacher Omar |
| 0:20.4 | Zenholm. I'm also the co-founder of the $100 MBA and Webinar Ninja. Many of us |
| 0:26.6 | when we get an idea for a business or a product, the first thing we do is Google |
| 0:31.3 | it to see if it already exists to see if anyone else is doing |
| 0:36.3 | it and deep down inside we're hoping no one has but why why do we think novelty |
| 0:42.2 | is so good in business? |
| 0:44.0 | Here is the reality of being first to market with a product. |
| 0:48.0 | It's so very hard. |
| 0:50.3 | Introducing a new idea in the marketplace is like a 90 degree uphill battle for many reasons and we'll discuss them in today's episode. |
| 0:58.0 | So if you do Google your business idea or product and you find that you are in a crowded marketplace, you should be happy. |
| 1:06.4 | It means people are buying this product, they're buying this solution. |
| 1:09.4 | You don't need to convince people that this is a problem that needs solving. They're looking for you. |
| 1:14.0 | Yes, they are also finding the competition because it's a crowded marketplace, |
| 1:19.0 | but that's not necessarily a bad thing. |
| 1:21.0 | In today's episode we'll discuss what strategy you should a with confidence. And hey, we know a thing or two about being in a crowd |
| 1:34.0 | and marketplace. There are literally thousands of business podcasts on iTunes. |
| 1:38.5 | There are several huge webinar softwares out there in the marketplace. |
| 1:42.8 | We'll be covering what we do to build our business in these crowded marketplaces, |
| 1:47.0 | and while we're happy there's competition. |
| 1:49.0 | There's so much we need to cover in today's episode, |
| 1:50.8 | so let's get into it. |
... |
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