i've seen it thousands of times....someone comes up with a great idea and with a few month there are thousands of copycats....
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That's just the way business has always been.
If you can get a 3 to 6 month run before its saturated with copies of your idea, consider it a win.
Just have to constantly stay one step ahead of the pack and throw them off track every now and then.
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I agree with KRL ..
thats true... its allways was like itComment
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The reason is usually a low economic moat, a term once coined by Warren Buffet...
The wider the moat, the larger and more sustainable the competitive advantage. By having a well-known brand name, pricing power, and a large portion of market demand, a company with a wide moat possesses characteristics that are barriers against other companies wanting to enter into the industry.Comment
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I'd almost say that half the fun is trying to stay ahead of the rest. Finding creative ways to market the product..Comment
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got any good ideas I can copy ?Insert Sig HereComment
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it wasn't as bad a couple years ago when people weren't as "internet savvy"....usually took a few years for people to catch on or develop something similar.Originally posted by KRLComment
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if it works for someone, people think it will work for them as well, its just common sense to try what others are doing
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i think its ok to use other peoples ideas but i think its important that you are doing something to make it your own not just blatantly doing the EXACT same thing.Comment
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