Competition Keeps Successful Entrepreneurs Sharp
Entrepreneurs are the key purveyors of new ideas and creativity, especially in the United States. The fact that competition is so brutal, aggressive and pervasive for new opportunities is of great benefit in keeping entrepreneurs sharp, motivated and cutting edge. Inventors must anticipate that competitors will make every attempt to circumvent the novel features included in their product. This anticipation motivates them to create value added features that further answer the competition and provide consumers with fresh utility and novelty.