Don't compete if you lack capital

[freelancermaria]

Focusing on your own path is essential instead of trying to outdo others. Focus on improving your business rather than trying to outcompete others in your industry.

 

[Starmix]

It is a shame competing to a business whose capital is million and he, only some bucks.

 

[King Belieal]

You can lack capital but use innovation to compete. Offering unique products doesn't really need capital per say but innovation.

 

[Starmix]

It is also shameful if compete without a substantial amount . it is better for that person to do his best to have sales .

 

[Stardom22]

I have realized that most competitions don't work on sufficient amount of capital among the business owners.

 

[Shavkat]

You can lack capital but use innovation to compete. Offering unique products doesn't really need capital per say but innovation.

You have a point. It is not necessary that we need additional working capital. We just need to boost the marketing part by being innovative.

 

[Starmix]

What a shame if you compete capital not sufficient. It's better to save more to add to the capital.

 

[Stardom22]

I think the sufficient in capital is a very big problem in the establishment of a stable business.

 

[Rubz]

This is actually so true. Instead of competing when one lacks the capital, one should instead focus on ways to improve the business and make it stand out than the other business.

 

[Starmix]

Yeah instead of competing it is better for that business person to make his business famous in the community.

 

[Shavkat]

What a shame if you compete capital not sufficient. It's better to save more to add to the capital.

I always believe that we reach the top in a slow pace manner. Forcing a business to expansion is not a good thing.

 

[Sanjeev]

You need to plan everything well if you lack capital as you cannot afford to lose your money.

 

[Starmix]

I always believe that we reach the top in a slow pace manner. Forcing a business to expansion is not a good thing.

Compete only if you are a mucho dinero if not better sleep and gain something or work harder and smarter to qualify to compete.

 

[Min George]

What a shame if you compete capital not sufficient. It's better to save more to add to the capital.

What do you understand by competition in business? For me, it is about finding a way to get more sales than the other business selling the same products. With a good sales strategy, you would be able to sell even more than big businesses.

 

[Starmix]

What do you understand by competition in business? For me, it is about finding a way to get more sales than the other business selling the same products. With a good sales strategy, you would be able to sell even more than big businesses.

Yes, that is the explanation ,however those who like to compete but lacking capital may find it hard to proceed competing.