I think there is a world market for about five computers. (Stated by the Chairman of IBM in 1943)

A prosperous competitor is often less dangerous than a desperate one. But that shouldn't discourage you from putting your competitor into a desperate...

Your company's added value is the size of the pie minus the size the pie would be if your company didn't exist. Makers of interchangeable commodity...

If you're smart enough to spy a profitable business opportunity, you can bet competition isn't far behind. Some barriers to entry--patented...

When crafting your business plan, don't assume that all market participants will behave rationally. Customers, vendors, partners and competitors...

Do an analysis of how profitable each of your customers are. Often, the results will surprise you, because the biggest customers can often be less...

Is your company building moats? This is superinvestor Warren Buffett's term for durable competitive advantages. Moats are essential because any...

Network effects is the term given to systems in which the value of each user is increased as the number of users goes up. Such network effects are...

Business is not a zero sum game. For you to succeed, others don't need to fail. This is especially true of the internet. The most successful...

For the most part, your customers and suppliers should be thought of as your partners. However, you are in competition with your customers and...