Re:Not raising funds to stay small and happy
by aeden on Monday December 25, 2017 @09:53AM
(#16004272)
> But in this winner-takes-all reality, is that possible?
This is an assumption, and I would say, an invalid one. The reality is actually that there are many successful businesses in any given industry. This is thanks to the fact that one-size does not fit all. Niching down is a good way to build a small, profitable business, because you can address the needs of the niche better than those bigger players that have to try to solve the problems of many different customers using the same systems.
This is an assumption, and I would say, an invalid one. The reality is actually that there are many successful businesses in any given industry. This is thanks to the fact that one-size does not fit all. Niching down is a good way to build a small, profitable business, because you can address the needs of the niche better than those bigger players that have to try to solve the problems of many different customers using the same systems.