A few years ago, I was convinced I had a brilliant startup idea. I spent weeks sketching designs, building a prototype, and even buying a domain name. I was proud, excited, and maybe a little overconfident. Then one late night, while scrolling through Twitter, I stumbled upon a startup doing almost the exact same thing. Except — they were miles ahead: polished product, paying users, and already raising funds. the exact same thing My heart sank. I hadn’t even thought to check who else was solving the problem. I was so focused on “my idea” that I completely ignored the competition. That mistake cost me months of work and quite a bit of money. That’s when I learned my first lesson in competitor intelligence: not knowing your competitors is the fastest way to get blindsided. competitor intelligence not knowing your competitors is the fastest way to get blindsided. What I Learned From That Failure What I Learned From That Failure Competitor intelligence isn’t about copying others — it’s about understanding the battlefield before you step onto it. understanding the battlefield before you step onto it Once I accepted that, I started approaching my ideas differently: Instead of asking, “Do I have competitors?” I asked, “Who are my competitors, and what can I learn from them?” “Do I have competitors?” “Who are my competitors, and what can I learn from them?” Instead of treating competition as a threat, I treated it as free market research. free market research Instead of assuming I was “unique,” I dug deeper into what really made me different. How I Started Doing Competitor Intelligence How I Started Doing Competitor Intelligence At first, I didn’t know where to start. So I kept it simple: I listed every company I could find solving a similar problem (direct competitors) or offering an alternative (indirect competitors). I listed every company I could find I read customer reviews — honestly, this was gold. Reviews showed me what users loved and what frustrated them. I read customer reviews and I followed competitors’ blogs, tweets, and updates. Over time, I noticed patterns — where they doubled down, and where they quietly gave up. I followed competitors’ blogs, tweets, and updates I compared pricing and positioning. Sometimes the product didn’t matter as much as how they framed it to customers. I compared pricing and positioning Slowly, I stopped feeling “defeated” by competitors and started feeling empowered by the information. empowered by the information The Biggest Shift in My Thinking The Biggest Shift in My Thinking The turning point came when I realized:The goal isn’t to beat competitors at their own game — it’s to learn the rules and then change the game. The goal isn’t to beat competitors at their own game — it’s to learn the rules and then change the game. For example, when I noticed competitors focusing only on big enterprises, I asked: what if I tailored my solution to small startups? That simple insight gave me a niche where I didn’t have to fight head-on. what if I tailored my solution to small startups? Why This Matters to Every Founder Why This Matters to Every Founder If you’re a founder reading this, here’s what I wish someone told me earlier: Competitors are not enemies — they’re teachers. Competitors are not enemies Gaps are everywhere — you just need to notice what customers complain about. Gaps are everywhere Execution > Ideas — even if someone has your idea, they can’t copy how you deliver it. Execution > Ideas how I still think back to that first painful realization — the night I discovered I wasn’t the “first” after all. But honestly, it shaped how I approach every project now. So I’ll leave you with a question:Have you ever been surprised (or crushed) by discovering a competitor late in the game?How did you adapt? I’d love to hear your stories. Because in the end, competitor intelligence isn’t just strategy — it’s survival. competitor intelligence isn’t just strategy — it’s survival.