Competition in general, is a good thing and accele
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Posted On: 08/08/2019 11:26:20 AM
Competition in general, is a good thing and accelerates businesses and promotes innovation
Lot of myths as well as good examples
"If there was money to be made, many companies would have been doing this a long time ago. There is no demand."
I guess Amazon and thousands of other companies didn't listen
"There are too many big players and competition in this space. We will never survive."
I guess Zoom (ZM) wasn't afraid of skype, WebEx, GoToMeeting, etc and now at a $24B market cap
I guess Facebook wasn't too worried about myspace
I guess Shopify wasn't afraid of Amazon
"Once the competition sees how much revenue can be made, how far behind will they be"
I guess if the competition can accelerate 15 years of relationship building and Direct Sales industry knowledge into 15 minutes or new hires, it would be interesting to see more companies enter and would increase demand even more
Most industries have a lot of competition. That's why there is not one company that makes TV, Cars, Airplanes, etc. Competitors also buy each other out.
“We spent the past 8-9 months analyzing all of the apps in the industry. After all of our research we chose VERB because they are the leading provider. VERB has a technology that no one out there has,” stated Paul Rogers, PrimeMyBody CEO. “This will be an important tool to help all of our field reps grow their businesses around the world.”
Lot of myths as well as good examples
"If there was money to be made, many companies would have been doing this a long time ago. There is no demand."
I guess Amazon and thousands of other companies didn't listen
"There are too many big players and competition in this space. We will never survive."
I guess Zoom (ZM) wasn't afraid of skype, WebEx, GoToMeeting, etc and now at a $24B market cap
I guess Facebook wasn't too worried about myspace
I guess Shopify wasn't afraid of Amazon
"Once the competition sees how much revenue can be made, how far behind will they be"
I guess if the competition can accelerate 15 years of relationship building and Direct Sales industry knowledge into 15 minutes or new hires, it would be interesting to see more companies enter and would increase demand even more
Most industries have a lot of competition. That's why there is not one company that makes TV, Cars, Airplanes, etc. Competitors also buy each other out.
“We spent the past 8-9 months analyzing all of the apps in the industry. After all of our research we chose VERB because they are the leading provider. VERB has a technology that no one out there has,” stated Paul Rogers, PrimeMyBody CEO. “This will be an important tool to help all of our field reps grow their businesses around the world.”
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