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**DoctorIrokezov** · 03-30-2012, 04:15 PM

I am watching another company unwind. It has a good niche market with a popular name and no real competitors. But.... it has forgotten who its customers are and is run by money people. While the market is strong, you can get away with that - for a while. But when the market turns, and when the slightest attempt is made by a new company to compete in that market, the power will shift.

hope you keep extensive notes, so that when the time comes, you can share the details - without endangering your own livelihood.

03-30-2012, 04:15 PM	#6
DoctorIrokezov Join Date Oct 2005 Posts 430 Senior Member	I am watching another company unwind. It has a good niche market with a popular name and no real competitors. But.... it has forgotten who its customers are and is run by money people. While the market is strong, you can get away with that - for a while. But when the market turns, and when the slightest attempt is made by a new company to compete in that market, the power will shift. hope you keep extensive notes, so that when the time comes, you can share the details - without endangering your own livelihood.
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