How to Beat the Competition in Business
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How to Beat the Competition in Business
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The provided text outlines an episode from the podcast "Backdoor Brands" titled "How to Win in Business (Without Kidnapping Your Competitor’s Supplier)." This episode, approximately 30 minutes long, adopts a sarcastic and insightful style to address common business pitfalls and effective strategies for success in competitive markets. It explains why many businesses fail, highlighting internal weaknesses rather than external competition, and criticises ineffective tactics such as price wars and fake reviews. The podcast then offers actionable advice on establishing a niche, prioritising customer service, building community, and mastering distribution, concluding with illustrative case studies and a "Coshoom Move" for strategic competitive advantage.