Tag: competitors

What if someone starts copying your Business idea?

What if someone starts copying your Business idea?

In the course of building StartupFlux, I have interacted with many smart entrepreneurs who are scared of other people just catching wind of their idea. They don’t even want to disclose their business idea and are always thinking – “What if someone starts copying your Business idea?”. Ones that reveal their ideas are deathly scared…

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Spy on Your Competitors in the Digital World

Spy on Your Competitors in the Digital World

A monopoly renders people complacent and satisfied with mediocrity. Hence, having competition and complete knowledge about your competitors is an absolute strategy that a firm should indulge in.┬áMonitoring competitors provides much more insight than mere industry awareness, therefore it is considered a must to spy on your competitors. While evolving a strategic management for a…

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