There was a barber shop next to my building and in just 6 months time there are 3 more barber shop opened. Every barber shop has a good ambience and everything looks fancy. I am talking about 4 fancy barber shop in 1 km radius.
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I know barber shop is always in demand because your hairs will not stop growing but again 4 barber shop in 1 km radius is too much. Now there was a old barber shop which was there for like 10 years he didn't have fancy ambience but he was good in his work. Now with these competitions he has to shut his shop. This is because he didn't upgraded his shop also he was alone in his shop so customers have time wait. New barber shop has 4-5 barbers and thus you get quick service.
Now I know competition is good, if you have something new to offer, people will come to you and thus people will find more ways to attract customers. But too much competition is not good. Now with 4 barber shop, the customers are getting divided and thus the shop owner stars to earn quite less.
And this is not only about the barber shop,it is everywhere. If you are same as thar of another person you might not do well or do well just like him. But if you offer something different or something extraordinary then you will stay in demand and hopefully you will get much more success.
So health competition simply means copying from someone to get started bit try to stay ahead of him from your own style. For example, a lot of people talk abut same stuff but again it is about how you talk that matters. There are billions of YouTube Channel, along with mine,people who are doing something different will succeed and not someone who just copy and paste.
