market share

Be Like

A lot of us spend a great deal of time, energy and resources trying to be like someone else. Our goal is to replicate everything they've done that's good, and then one up it. Better is the sweet spot. The problem is that virtually all of us will fail for two reasons. First, those that we are planning to overtake aren't standing still...they're getting better too. Second, we don't have the advantage of being first and owning the edge...they do.

The idea of being like the iPhone, Four Seasons or Haagen Dazs feels like a safe path. We rationalize that even if we fall short, we'll be good enough to steal a small part of the market. It's also much easier to copy someone else's story rather than inventing our own. That may have worked five or ten years ago because there weren't nearly as many choices and there was room for runner-ups. Now, there are hundreds and thousands of companies (often small ones) who are willing to risk everything to create their own stamp, their own edge. Those companies are the ones getting the attention, chipping away and stealing share. It's not the ones trying be like someone else.

Easy vs. Hard
Follow vs. Lead
Like vs. Unlike

You decide...choose wisely.