Anup Chouhan's Key Ideas from Competition Demystified
by Bruce C. Greenwald, Judd Kahn
Ideas, facts & insights covering these topics:
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1. Keep Strategy Simple
- Don’t overthink business strategy.
- Focus on what really matters – competition.
- The key is to find what stops others from copying your business.
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907 reads
2. Barriers to Entry Are Key
- A “barrier” means it's hard for others to enter your market.
- If it’s easy to copy you, you’ll lose money fast.
- Strong barriers = fewer competitors = more profits.
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771 reads
3. 3 Ways to Beat Competition
- Supply advantage – you get things cheaper or better.
- Demand advantage – customers love your brand and won’t switch.
- Economies of scale – you’re big, so your costs are low.
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4. Spot a Strong Business
- It has loyal customers or cost advantages.
- It keeps making good profits year after year.
- No one can easily copy or beat it.
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5. When You Don’t Have an Advantage
- Keep costs low and work smart.
- Focus on being better, faster, or cheaper.
- Know that profits will be small if others can copy you.
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6. If You Have the Advantage – Defend It!
- Protect what makes you special.
- Keep customers happy and loyal.
- Don’t let new players take your spot.
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7. Big Size Helps – But Only If It Matters
- Being the biggest isn’t always best – being the biggest in your market is.
- More production = lower cost per item.
- Lower costs make it hard for others to compete.
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8. Fast Growth Can Be Risky
- When markets grow fast, new players jump in.
- Your old tricks might not work anymore.
- Keep improving or you’ll fall behind.
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9. How to Enter a Market
- Don’t fight the big guys directly.
- Start small – pick a corner of the market they ignore.
- Grow slowly and learn as you go.
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10. Make Smart Business Moves
- Always think: “What will competitors do if I do this?”
- Don’t make moves blindly – plan carefully.
- Play to your strengths and protect your position.
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465 reads
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CURATOR'S NOTE
The Strategy Secret 90% of Businesses Miss!
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Different Perspectives Curated by Others from Competition Demystified
Curious about different takes? Check out our book page to explore multiple unique summaries written by Deepstash curators:
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