Competition can more good to your startup than it supposedly does harm. To be able to take good out of competition is what separates a successful startup from an unsuccessful one. These slides contain sort of reinforce the very same claim.

1. What good does Competition do
to your Startup

2. The first thing that Entrepreneurs face
once they come up with the idea for their
startup is the amount of competition they
have.
While competition could be intimidating
for the first time you set foot in business,
there is lot of good that competition can
do to your company.

3. It validates your idea
Where there is competition, there are
customers.
And when there are customers out there,
all you need to do is get closer to them and
allure them to your side
Of Course, this is easier said than done. But
atleast you don’t have to build a new
customer base

4. Makes you think beyond the
conventional
When such a huge range of choices
available to choose from, there is
something that would attract the
customers and make them want to come
back to you.
It is in striving to look for the Something
that lies the success of the Startups.

5. Pain Points
No company is perfect. There could something that
a particular one is missing out while serving its
customer, the so called Pain Points of the customer.
Getting to interact personally with potential
customers personally could help you get a clue of
what these points are.
Now when you work on these pain points and give
the customer these. Wow! You already have an
edge

6. You could get a clue of how things
work
By looking at the Business Models of the
already existing companies in your field,
read as your competitors, you would be
getting an idea of how things work.
This would give you an idea of how you
might want to propose your Business
Model.

7. Partnership with your competitors
Who knows, you could change your competitors
into your partners.
And by doing so, not only are you eliminating
one from the race but are also merging your
customer base.
Also by coming together you would be
complementing yourselves, reduce the
shortcomings that your earlier had and give your
customers a better experience.

8. A story focusing on the above
mentioned points can be had at:
http://www.utthishta.com/blog

9. Contact Us
• www.utthistha.com
• Blog : http://www.utthishta.com/blog/
• Slideshare: http://www.slideshare.net/Utthishta
• Youtube: http://www.youtube.com/UtthishtaSeedFund
• Google + https://plus.google.com/108795327446527541978/
https://www.facebook.com/utthishta
@Utthistha