Have you ever thought of how Netflix won the movie rental business ?
How did Uber take over the taxi /car hire industry?
How GSM beat NITEL communication?
How WHATSAPP has taken over SMS ?
How did a small startup named “Google” take over Yahoo!?
How could Sam Walton (Walmart) pulverize the behemoth retailer Kmart?
Why is Walmart now so scared of Jeff Bezos’s Amazon?
Every “David and Goliath” story in business has the same foundation.
Can you see it?
It’s no mystery. It’s called INNOVATION !
I’m talking about financial innovation , technological innovation , distribution innovation , talent innovation , branding innovation... etc.
So, to answer the question, how can small companies compete with large corporations?
The ONLY way for small businesses to compete (and win) the battle against large corporations is through innovation.
So what battle would you pick against large companies?
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