Copycats and Endurance

Arvid Kahl writes:

  • Copycats copy the outside, the interface, the product, but never the business. They make a shallow copy, a lossy copy. It’s a form of cargo-culting, really: they imitate a product without understanding what customer needs went into the creation of the product. Copycats rarely have any meaningful insight into the market their copied product will serve.
  • You can’t copy personality and relationships. They might get a few of your customers, but any competitor might have grabbed those. You didn’t have a strong relationship with those customers, to begin with.
  • You can’t copy knowledge and entrepreneurial instinct. The decision-making process that led to your product features is something that has to be understood to be appreciated. Your copycat won’t know WHY you did things; they just see WHAT you did. That lack of foundational knowledge will leave them unable to make meaningful progress without failing a lot.

In his podcast, he discusses these ideas:

169: Paying the Bills While Building Your First Indie Business The Bootstrapped Founder

There is a huge difference between building a product, a business, and a company. It's a progression from one to the other, usually involving making significant changes in your life. Requirements change, and so does our lifestyle to make our dreams possible.Ideally, we have a master plan on how to get there.But in reality, we have to pay bills, take care of our family, and deal with the often unexpected hardships of life.And while everyone's situation is unique, many entrepreneurs have found ways to finance their business-building journeys and make ends meet. That's what we'll be talking about today.- Paying the Bills With Your First Indie Business- Find your Following, my Twitter course — now with Find your Following Essentials, the 7-day Twitter crash course- Zero to Sold & The Embedded Entrepreneur, my books on entrepreneurshipThis episode is sponsored by MicroAcquire. You can also watch this episode as a video on YouTube.
  1. 169: Paying the Bills While Building Your First Indie Business
  2. 168: Jakob Greenfeld — Writing Your Way to Clarity
  3. 167: Find Business Ideas on Social Media
  4. 166: Daniel Vassallo — Building a Portfolio of Small Bets
  5. 165: Why You Shouldn’t Sell Your Business

You can choose to download the file

I wrote this here because it helps to focus on creating the idea moats. Anyone can blog, but it is essential to draw meaning from whatever you read, and then create interconnected ideas in your mental models. There is no fixed formula of “success”, but it is a constant progress. Copycats in any space will eventually fail because it requires dogged persistence.

Create an idea moat. Start blogging!

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