If You Think You Don’t Have Competition, Then Read This

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:

SHOUT-OUT #1

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
https://tstastytreats.com
https://instagram.com/tstastytreatsco
213-999-5086 or 310-990-7100

SHOUT-OUT #2

Postal Petals

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.
https://postalpetals.com
https://facebook.com/postalpetals
https://instagram.com/postalpetals
https://twitter.com/postalpetals

Listen Now

SHOW INFORMATION:

Company: Foreman & Associates, LLC
Website: https://ForemanLLC.com

IG: https://instagram.com/ForemanLLC

Podcast IG: https://instagram.com/DontCallitSmall

FB: https://facebook.com/ForemanAndAssociates

Twitter: https://twitter.com/ForemanLLC

Podcast Twitter: https://twitter.com/ItAintSmall

YouTube: https://youtube.com/user/ForemanAssociates

HOST: Natasha L. Foreman, Lead Management Consultant Foreman & Associates, LLC

Website: https://NatashaForeman.com

IG: https://instagram.com/NatashaLForeman

FB: https://facebook.com/NatashaLForeman

Twitter: https://twitter.com/NatashaLForeman

LinkedIn: https://linkedin.com/in/NatashaLForeman

Theme Song: “Higher Up” by Shane Ivers

Copyright 2022. Foreman & Associates, LLC. All Rights Reserved.

One thought on “If You Think You Don’t Have Competition, Then Read This

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s