Question: Recently, some competitors have joined my industry. How should I respond?
Answer: When faced with such a problem, I can’t help but feel a little panicked and confused.
I don’t know how to respond to market changes and I’m wavering between advancing and retreating.
The best way to deal with this situation is to wait and see, and to remain unchanged in the face of all changes. First, look at the whole situation clearly and observe the other party's every move (this is what we call # to observe their actions).
When the market is developed and the threshold is lowered, there will naturally be more competitors. You may want to consult with elites or seniors in your team. Sometimes, you may not be able to see clearly or make wrong decisions. Finding an experienced person to guide and discuss can also help you stabilize your situation and adjust your inner self.
# Observe my heart, take good care of my inner self, and calm my emotions. When my inner self is stable, it will become easier to deal with all these changes, and things will become clear!
Although there are many competitors, they are all immature and cannot threaten you, who have been growing steadily in the market in a short period of time. Instead, their joining makes the whole market more lively and attracts more people's attention.
The market is large and there are many opportunities. Just wait and see, set the direction, adjust the strategy, stabilize the layout, and adapt when you are in trouble. Everything will develop smoothly in the end!