When competition can spark your creativity
Here’s some great entrepreneurial creativity from The Book of Business Anecdotes:
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When F. W. Woolworth opened his first store, a merchant on the same street tried to fight the new competition. He hung out a big sign: “Doing business in this same spot for over fifty years.”
The next day Woolworth also put out a sign. It read: “Established a week ago: no old stock.”