Don’t Worry About Copycat Competitors. Worry About This.
Tip of the Day: Run your own race. Check out this article to find out why you should mind your own Business and not worry so much about the others!
“Imitation is the sincerest form of flattery.”
I used to hate that phrase. Either you’re telling it to yourself to feel better, or other people are saying it to soften the blow or justify their actions.
Fortunately, in business, while it’s easy to copy, it’s much harder to replicate success with a me-too strategy. Remember HP’s TouchPad? That effort to imitate Apple’s iPad failed to the tune of hundreds of millions of dollars. Along the same lines, Microsoft spectacularly failed to compete with the iPod with the launch of its similar—but not quite up to the task—Zune digital media device….READ MORE