How To Stop Fighting Over Existing Demand And Create Net-New Demand
If your reference is the competition, youâre done before youâve begun.
This is a đ´ââ ď¸ Founding MembersâOnly đ´ââ ď¸ post. Founding Members get access to our private AI Librarian, actionable insights, full audiobook library, access to 100+ mini-books, and more. See the Founders Deck here
Dear Friend, Subscriber, and Category Pirate,
Most businesses fight for demand.
They walk into existing markets saying, âWe do the thing the already established Category Queen does, just better/faster/smarter/stronger/cheaper.â
These people are not Pirates.
Pirates Donât Fight Over Existing DemandâThey Create Net-New Demand
In business, the unquestioned rationale is: demand exists. And if our business can tap into that existing demand, we will find customersâand customers lead to profits.
But what is âdemandâ really about?
Demand is fighting over scarce resources. Land. Oil. Gold. Water. Itâs a scarcity mindset played out.
And the reality is, only idiots fight over scarce resources.
Think about it: Apple stores are not jammed with customers because âdemand for technology retail is on the rise.â If that was true, Microsoft Stores would be jammed too. Demand does not just happen.
It gets created.