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Re:Ideas That Changed My Life by MattGaiser on Monday July 13, 2020 @04:50PM (#23825426)
> 9. Competition is for Losers: Avoid competition. Stop copying what everybody else is doing. If you work at a for-profit company, work on problems that would not otherwise be solved. If you’re at a non-profit, fix unpopular problems. Life is easier when you don’t compete. (Hint: don’t start another bottled water company).

The problem here is making sure that you are solving a real problem at all.

There are many companies out there doing something unique, but that is because what they are doing has limited/no value. Juicero comes to mind.

Without competition, you also cannot get an honest assessment of where you stand.

Re:Ideas That Changed My Life by HeyZuess on Monday July 13, 2020 @07:48PM (#23827000)
> The problem here is making sure that you are solving a real problem at all.

I understand the concept of turning a "problem" solution into a business, but there are two issues with that as far as I see. Firstly, questioning if it is really a problem, like you mentioned and secondly does it need to be fixed, and this I think points to your second point about something being unique or if it is of value.

> Without competition, you also cannot get an honest assessment of where you stand.

I don't think a company like Uber, was fixing a problem, they made a better solution and competed. So yes, agreed that competition can be good. Another way to look at it is, if there is no competition, then there may be no problem.

The issue the author has is saturation, I think. No matter what if you are solving a "problem" in a space with no "competition" and you are winning that battle, then multiple other people are going to come along and compete.

Unique solutions for unique problems which are profitable are rare, challenging, often expensive to develop etc. Take an existing idea and make it better (hmmm Apple?), you are more likely to be successful in a tested market.

Re:Ideas That Changed My Life by tylerwince on Monday July 13, 2020 @04:57PM (#23825482)
I totally agree with your first point, and you lost me on the last sentence. Competition is a great data point, but just because you don't have any competition doesn't mean you aren't solving a real problem.
Re:Ideas That Changed My Life by MattGaiser on Monday July 13, 2020 @05:21PM (#23825711)
To me it would be extremely rare that the identification of a problem is unique. A particular solution? Sure.

On the other hand, lots of people are solving problems which are not real.

I agree that finding a unique problem is possible, but it is more probable that you are missing something.

Re:Ideas That Changed My Life by tylerwince on Monday July 13, 2020 @05:25PM (#23825744)
Sure. I also wonder if Perrel is hitting on the idea of avoiding competition by Thiel.

https://mastersofscale.com/peter-thiel-escape-the-competitio...

Re:Ideas That Changed My Life by remmargorp64 on Monday July 13, 2020 @05:29PM (#23825776)
If there is a demand for something, somebody somewhere has most likely already cobbled together a solution to meet their own need, and then turned around and resold that solution to other people.

It's extremely rare to find a widely spread problem with zero pre-existing solutions or competitors in that field.

Re:Ideas That Changed My Life by tylerwince on Monday July 13, 2020 @05:30PM (#23825793)
Re:Ideas That Changed My Life by remmargorp64 on Monday July 13, 2020 @06:06PM (#23826100)
Escaping your competition by blowing past them is a fundamentally different concept than finding problems to solve that don't already have solutions and existing competition though...
Re:Ideas That Changed My Life by MattGaiser on Monday July 13, 2020 @06:26PM (#23826278)
This is more intensely competing so that you never compete again.