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Do You Boo Boo

Name: Do You Boo Boo
Uploaded: 2024-09-16T01:30:31+00:00
Duration: 29 s
Channel: Shanli Liu, CPA, CTP
Description: In this informal monologue, the speaker argues that competition is a sign of existing demand and should be embraced rather than avoided. They contend…

16 Sept 2024 · 0 min

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0:29

In this informal monologue, the speaker argues that competition is a sign of existing demand and should be embraced rather than avoided. They contend that trying to create demand for a brand‑new, billion‑dollar market is unrealistic; instead, entrepreneurs should target markets where demand already exists and aim to capture a share of that demand. The speaker emphasizes that the better one performs, the larger the portion of the demand stream they can secure, encouraging a mindset of competing to win market share.

Do you, boo-boo. Like, do you. It's this weird new thing where it's like, I don't want to go somewhere where it's competitive. It's like, dude, if it's competitive, it means people are buying. Like, I just see that as great. I just have to beat these people. Like, if this is what lights you up, then compete. Like, we don't have the money to create a billion dollar— like, trying to create demand around something like that doesn't exist. You look at stuff that already has demand and then you try and chip away a portion of that stream towards you. And the better you are, the more of that stream you get.