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Showing posts with the label business owners

The 5 Types of Users in the Cryptocurrency World

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1. An alarmist Users of this type are notable for the highest activity in channels making themselves and others crazy. A panic-monger declares his eternal love to the project and all the users quite often, but immediately switches to anger at the first signs of problems. Basic vocabulary: I love everyone. HODL. I truly believe in the project. But on the other side: I want the refund and my coins back! I hate you! Give my money back! It’s a scam! A fraud! Everything’s gone! I had to listen to my mother! Run, you fools! 2. A man with “connections” This kind of user usually demonstrates their knowledge in all world jurisdictions, connections in the CIA, the law courts, as well as with some presidents. Basic vocabulary: You’re in big trouble. I have reported everything to the SEC already (USA Securities and Exchange Commission). You may start panicking because the FBI is keeping an eye on you. 3. A Believer It’s the major category of users. They invest their own money not only to...

Business product & service Competition: How to handle phobia

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Hey; I find that business owners often wish that they had no competition. . Businesses usually are thinking that with no competition, the entire market for their product or service will be theirs. I don’t think that is the case – especially for newstartups that have truly innovative products and services. .. Here’s why: .. .. Competition validates your idea: . Yuh know yuh have a good idea when other people are coming up with similar products or services. Competition validates the market and the fact that there are most likely customers for your new product. This also means that the costs of marketing and educating your market goes down. .. .. Competition helps educate your target market: . Being 'first-to-market' can be a huge advantage, but that also means that yuh will have to spend way more than the '2nd-to-market' player to educate the market about your new widget, your new solution to a problem, your new approach to services. This is especially ...