Why It Hurts You To Be #1 In Your Industry

18 May 2013 · 2 min
2:11

In this episode of the On a Roll podcast, host Mike Michalowicz opens with a production tip about filming multiple videos at once and thanks his sponsors (American Express, Skype, Dex Digital). He then delivers his core business advice: small and early‑stage entrepreneurs should aim to be the "number two" player rather than the market leader. Using the historical arcs of IBM, Microsoft, and Apple, he argues that the dominant #1 company becomes the hated Goliath while the underdog garners loyal fans. He encourages positioning a business as the beloved underdog to build a supportive customer base. Mike concludes with a tongue‑in‑cheek pseudo‑mathematical formula that humorously illustrates the futility of trying to be #1, reinforcing his point that being #2 is strategically advantageous.

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