Sunday, June 22, 2014

The Elements of Defensible Barriers to Entry

Posted By: George Deeb - 6/22/2014

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Anybody can start a business. But, very few businesses started have long term, defensible barriers to entry to protect against potential future competitors. As you know, every good idea spawns many new competitors trying to get a “bite at the apple.”  Creating barriers to entry are one of the key things you need to focus on in terms of building a winning business model and increase the odds you get a big pay day down the road.  Here are a few examples of the elements your company should establish in order to defend from potential competitors.

Read the rest of this post in The Next Web, which I guest authored this week.

For future posts, please follow me on Twitter at:  @georgedeeb.

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