Is a monopoly hurting your growth?

Is a monopoly hurting your growth?

If you are my reader, it’s most likely that you are the owner of a small business with a strong focus online. You are either providing a service, selling a digital product, or marketing physical products online.

Lately, as I talk to my customers I hear more and more stories of the struggle they face in finding fresh customers. Now, more than ever they are fighting against big corporations with deep pockets.

Running an online business is not easy.

We folks, fight for every little piece of business that we earn.

It happened in IT, it happened in retail and now it’s happening to solopreneurs.

Products created by behemoths make it harder to compete for the small players.

So is there room in business for us in the coming decades? 

Here are my views on this

The shape of things has been changing for a long time, but with each version people have adapted, improved, and become more prosperous.

For every door that closed, 5 have opened up.

Of course, some people always do lose out when there’s a change. Like Chegg. Have you heard of the app? It lost 90% of its customers after ChatGPT because all of the people who were learning from Chegg are now learning from AI.

That’s bad for Chegg, but it’s awesome for all the people who now have a chance to get an education without having to pay a lot.

So how do you survive the market?

The only way is - adaptation.

This year and the next are going to be the setup for the next big version of the world. The post-Internet world. 

Where everything in your life is not directed by Google anymore. Are you preparing for it? 

You can’t just depend on the status quo. You will need to adapt, you will need to flow and find new passages towards your goal.

But, I want to tell you something here. Watch out for the little guys. Make sure you support businesses like yours as much as you can, instead of paying a behemoth and then struggling with trying to talk to a real person.

Personally, that's what I do. What about you? Do you do this too? Let me know.

While we are talking about not depending on big behemoths who don’t care about you. Let me show you a product that puts you first.

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If you have questions, reply to this email and let me know, or reach out to my live support guys on the website. They will help you.

Cheers!

Your best friend in the business
Cyril “Jeet”
of Teknikforce.