Answer:

Don’t replicate others stay true to what you are but see evolving trends and try to evolve with
time.chnage is necessary but replication is not the key.

Competition vs collaboration

Always have a backup….

1:Don’t replicate:

The first lesson entreprenuers can take from digs failure is that they should stick to their vision even if
the things are not going in their favour.Competition is a part of every business and it doesn’t mean that
the former should start replicating competitors startgies ehich eventually will deviate them for their
roots.The best one business can do while facing competition and losing market is to do extensive market
research and know what trends are in what the end user want and try to innovate something different
from the competitors.Never provide the same rather offer something innovative and keep it as your
competitive advantage.

2: