Let’s talk about the red flags that pop up whenever someone says, “But we don’t have any competition”. In episode 72 of our Don’t Call It Small…Business podcast we explore this topic. We examine monopolies, being ahead of the market, a too narrow definition of competition and target market, and not having what customers want. We discuss several benefits of competition, the types of competitors, how to identify them, and the downfall of obsessing over competition.
We shouted out two Los Angeles companies:
T’s Tasty Treats & Catering
Tawanna Wells, owner
Culver City, CA
Full service catering, private parties, wedding, corporate events, classes, drop-offs
Southern California Minority Supplier Development Council
213-999-5086 or 310-990-7100
Talia Boone, Owner
West Hollywood, CA
Connects flower lovers directly to farms to receive fresh flowers at competitive price point, in comparison to retail marketplace. They ship farm-direct boxes of fresh cut flowers to DIY flower arrangers.
Ask about “Petal Riot”, their floral answer to Paint & Sip parties.
Company: Foreman & Associates, LLC
Podcast IG: https://instagram.com/DontCallitSmall
Podcast Twitter: https://twitter.com/ItAintSmall
HOST: Natasha L. Foreman, Lead Management Consultant Foreman & Associates, LLC
Theme Song: “Higher Up” by Shane Ivers
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