I gotta say this is such a well written post and especially timely for me. I'm currently employed at a startup in a highly competitive market and I constantly think about "time to market", and "the competition". The amount of stress caused by those thoughts can become a distraction at times.
But the main thing that keeps me sane and motivated is the fact that we have users that love our projects. I'm in a fortunate position where I get to meet many of the people in our community, and get a constant reminder why we do what we do.
The other hidden gem in this post is the fact that each new "competitor" who enters your space can have a positive effect on everyone and actually grow the market. While this means you won't obtain a monopoly, you'll have a bigger arena to compete in.
Maybe more conversations like this one can help foster more healthy competition between startups competing in the same space.
But the main thing that keeps me sane and motivated is the fact that we have users that love our projects. I'm in a fortunate position where I get to meet many of the people in our community, and get a constant reminder why we do what we do.
The other hidden gem in this post is the fact that each new "competitor" who enters your space can have a positive effect on everyone and actually grow the market. While this means you won't obtain a monopoly, you'll have a bigger arena to compete in.
Maybe more conversations like this one can help foster more healthy competition between startups competing in the same space.