๐ฃ๐ฒ๐๐ฒ๐ฟ ๐ง๐ต๐ถ๐ฒ๐น ๐ผ๐ป๐ฐ๐ฒ ๐๐ฎ๐ถ๐ฑ โ "๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐ผ๐ป ๐ถ๐ ๐ณ๐ผ๐ฟ ๐น๐ผ๐๐ฒ๐ฟ๐." Most people donโt get this. โ They build a product. โ Enter a crowded market. โ Fight with 100s of competitors. โ And end up in a price war. Thatโs the hard game. Now look at Amazon. Amazon doesnโt fight like this. ๐๐จ๐ฌ๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ฉ๐ซ๐จ๐ญ๐๐๐ญ ๐ญ๐ก๐๐ข๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ฅ๐ข๐ค๐ ๐ ๐๐จ๐ซ๐ญ. Amazon builds a playground โ and invites everyone in. Let me explain. Amazon lets millions of sellers sell on its platform. Sounds risky? Not really. ๐๐๐ซ๐โ๐ฌ ๐๐ฆ๐๐ณ๐จ๐งโ๐ฌ ๐ซ๐๐๐ฅ ๐ฌ๐ญ๐ซ๐๐ญ๐๐ ๐ฒ: โ Sellers come and compete with each other. โ Amazon watches what sells best. โ Amazon collects all the customer data. โ Then Amazon launches its own version of the top-selling products. Simple. Sellers do all the hard work. Amazon makes all the smart money. ๐๐๐ฆ๐ ๐ญ๐ซ๐ข๐๐ค ๐ฐ๐ข๐ญ๐ก ๐๐๐ (๐๐ฆ๐๐ณ๐จ๐ง ๐๐๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ). โ Startups use AWS to build their companies. โ Even if they become big competitors laterโฆ โ They still have to pay AWS every month. ๐๐๐ฌ๐ฎ๐ฅ๐ญ? No matter who wins โ Amazon wins more. ๐ช๐ต๐ฎ๐โ๐ ๐๐ต๐ฒ ๐น๐ฒ๐๐๐ผ๐ป ๐ต๐ฒ๐ฟ๐ฒ? Stop thinking: โHow do I beat my competitors?โ Start thinking: โHow do I build something where I win โ even if others compete?โ ๐๐ก๐๐ญโ๐ฌ ๐ก๐จ๐ฐ ๐๐ฆ๐๐ณ๐จ๐ง ๐๐๐๐๐ฆ๐ ๐ ๐ญ๐ซ๐ข๐ฅ๐ฅ๐ข๐จ๐ง-๐๐จ๐ฅ๐ฅ๐๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ. They donโt fight harder. They build smarter. I hope you've found this helpful. Follow Vishu Bheda for more such amazing startup and business insights!
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