{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Bootstrapper's Paradise","title":"How To Think About Competition","html":"","width":"100%","height":180,"duration":296,"description":"After you launch, chances are you're going to become more aware of competitive products.  This is a good thing because it provides you with an opportunity to know how to respond and make your solution unique.\nIn this episode I also talk about how AI has changed the game and that more competition will be coming to market faster.  Learn more about what this means for B2B SaaS founders everywhere.\nFree product-market fit course - https://nxtstep.io/fit/\nEpisode Transcript\n Hey folks, Sean here and today what I wanna talk to you about is how you should be approaching responding when you find new competitive options to what it is you are trying to bring to the market as a solution, perhaps in the format of a B2B SaaS. So I've already talked to you about. The fact that I've recently launched a new product, it is essentially for those that are managing podcasts, it helps you create show notes and things like that, and it does it in an automated way.\nSo one of the things to note is that due to AI and how basically chat G P T and tools like that and how incredible the functionality is relatively, relatively easy to use. The amount of functionality that they can bring relatively quickly. We're seeing a lot of products pop up that can, that are leveraging these AI tools to try to solve certain problems.\nSo the first thing to note is that anyone out there with a product that especially is starting new, more than likely there's gonna be other people working on that same problem and bringing a version. Of a solution similar to what it is that you're building to market now, faster and more frequently than ever.\nSo you're gonna be seeing more competition and less time. That's what I'm expecting. I'm expecting the AI tools to be providing those options to entrepreneurs everywhere. Number two, your response to the competition. Essentially should be the same as it should have been before. Number one, it's a good thing if people are bringing products, similar products to market.\nIt...","thumbnail_url":"https://img.transistorcdn.com/B0rBF_s0upJdRqXoy4_4rHlfSlZONOaHnrUmmpOi708/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kYmIx/MTMxNTExY2VjZjIz/NjEzNWFhNmI4OGZl/ZDliMy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}