How to deal with competition in your business
Hey hey hey!
How are you? I am doing pretty well, thanks for asking!
I want to have with my aspiring entrepreneurs and business owners out there.
It was sparked by a conversation I had last week with one of my clients.
She has been in business for a while. She has a committed clientele who values her work and she now is in a position where she is able to offer better quality to her customers, due to all the support she has been receiving!
As I am listening to her share her story, I am like, “Okay. What is the problem?”
She stated that she is now noticing that other people want to start their own business.
The same business that she has spent years developing.
Not only do they want to start their own business but, many people are coming to her for advice and she doesn’t feel comfortable sharing the information that she had to learn on her own.
Being as though she is from a small city, she does not know how to treat the competition when they come to her for advice on how to start their business.
Hearing her story made me think back and see if I ever had this feeling in me.
And yup. I sure did!
I remember when I first opened up my mobile food cart.
I was the only Black owned mobile food cart owner in the City of Wilmington.(more…)