BizSugar.com › Startups › Why Your Startup’s Competitors Help More Than Hurt

“A new company just launched and they’re encroaching in on our space.”

Sound familiar?

That’s the weary pang of insecurity and self-doubt. As an entrepreneur, oftentimes, the biggest obstacle in your life is you, not your competitors. To fret about every new company encroaching in on your space is entirely self-defeating. In fact, many times, having competitors is a good thing. Here are three reasons why: