How you find it when someone you know suddenly start to do the same small business you are doing?

Question

As I have working on my own small handmade business which is cross stitch and jewelry since one year, suddenly someone that I know who is following my pages and was asking me to help them start their own business, suddenly start a page working on handmade jewelry .How you find this?

Answer 1

I find it insulting and this person is a user. I will feel bad if it does happen to me. In fact, one of my acquaintances is asking about details and all. Now, she is doing the same business as me. I can feel you with this sentiment.

Comments

It is very bad , why they can't be creative and do their own business , i don't like this type who look at others work and start to do the same.

Answer 2

Sad to know that you know someone who starts the same business as yours. Maybe they see in you that you are successful in the business you started. Sometimes it is part of the business to have competition these days. To put up a business has many challenges too. What you can do is to be a sport and maintain the good quality of your products. If you can make a marketing strategy that will make an edge on your business. If you can add more products that you can sell or make something that will be unique to other businesses that will be a nice way of maintaining a good business of yours.

Answer 3

I find it somehow betraying but what can i say i can't go against anyone's wish because last time i checked that not a human right so i'll just move on

Answer 4

It is not cool enough to do that because what aroused their intention towards doing the same business with you is mostly caused by jealous or envx

Answer 5

It also occurred to me ,one of my regular customer decided to do the business that I was doing,I felt bad at first but after thinking about it I came to a conclusion that I should just feel proud of myself because I was able to inspire someone out there who fell that I was doing the good job.

Comments

Sometimes I wonder why when we start in a business all people want to do the same business, I find it not ethical to do this, but some people when they saw that someone start a new business they start to think fast that they want to do the same, instead of creating something else.

Answer 6

I think we should try to help we have any previous experience or we can also make them partners because unity and united causes are very fruitful in teamwork.

Comments

But when you have your own small business idea and someone steal your ideas it is not ethical.

Answer 7

I understand how you might feel in this situation. It can be difficult when someone you know starts a similar business to yours. It's important to remember that there is room for everyone in the market and that you can both be successful. It's also important to focus on your own goals and to make sure that you are doing what is best for you and your business.

Answer 8

What you can do is to be a sport and maintain the good quality of your products. If you can make a marketing strategy that will make an edge on your business. If you can add more products that you can sell or make something that will be unique to other businesses that will be a nice way of maintaining a good business of yours.

Answer 9

Sometimes it is part of the business to have competition these days. To put up a business has many challenges too. What you can do is to be a sport and maintain the good quality of your products. If you can make a marketing strategy that will make an edge on your business. If you can add more products that you can sell or make something that will be unique to other businesses that will be a nice way of maintaining a good business of yours.

Answer 10

When someone you know starts doing the same small business as you, it can elicit mixed feelings. It may initially be surprising or even disconcerting, as it could potentially increase competition. However, it could also be seen as an opportunity for collaboration, mutual growth, or diversification. How one feels about it depends on factors such as the nature of the relationship and the market dynamics involved.

Answer 11

If someone you know suddenly starts doing the same small business as you, it can evoke a range of emotions and reactions. Here are a few ways to approach the situation:

1. Assess the impact: Consider how their entry into the same business may affect your own business. Are they directly competing with you? Will it impact your customer base or market share? Understanding the potential impact can help you determine the best course of action.

2. Focus on differentiation: Identify what sets your business apart from theirs. Emphasize your unique value proposition, whether it's through superior customer service, product quality, or other distinguishing factors. Highlighting these aspects can help you retain customers and attract new ones.

3. Collaborate or network: Instead of viewing the situation as purely competitive, consider collaborating or networking with the other person. Finding ways to complement each other's businesses or sharing resources and insights can be mutually beneficial.

Answer 12

Reacting to someone you know starting a similar business can vary based on your relationship and the nature of the industry. Here are some general guidelines:

1. **Stay Positive:** Approach the situation with a positive mindset. Competition can drive innovation and benefit the market as a whole.

2. **Assess the Market:** Evaluate whether the market has room for multiple businesses offering similar products or services. Consider whether the new competition will impact your customer base.

3. **Differentiation:** Focus on what makes your business unique. Emphasize your strengths, whether it's exceptional customer service, unique offerings, or specialized expertise.

4. **Network and Collaborate:** Consider potential opportunities for collaboration rather than seeing the new business as a direct threat. Networking with others in your industry can lead to mutually beneficial partnerships.

5. **Customer Relationships:** Prioritize your existing customer relationships. Consistent quality and customer satisfaction can help retain your customer base.

6. **Adapt and Innovate:** Stay adaptable and continue to innovate. Keep an eye on industry trends and be willing to evolve to meet changing customer needs.

7. **Professionalism:** Maintain professionalism in your interactions. Avoid negative or confrontational behavior, as it can harm both your personal and professional relationships.

8. **Market Research:** Stay informed about market trends and customer preferences. Understanding the evolving needs of your target audience can guide your business strategy.

9. **Customer Feedback:** Listen to customer feedback and use it to improve your business. This proactive approach can help you stay ahead of the competition.

10. **Legal Considerations:** Be aware of any legal considerations, such as trademarks or intellectual property issues. Consult with legal professionals if needed to ensure compliance.

Remember that healthy competition is a common aspect of business, and it can lead to growth and improvement for both parties involved. Focus on your strengths, maintain professionalism, and consider the broader opportunities that may arise from having similar businesses in the same industry.