Can small businesses survive in a world of monopolies?

[Zlantann]

Small bussiness never can survive in the middle of monopolies of big companies and i dare to say that because this is based on my personal experience that i was build small bussiness with the audiences is the same such as big companies and my bussiness is not profitable even loss because i have to compete for the prices of raw material, marketing strategies or basic prices of the product against big companies and this makes me failed to compete against them because they can monopolize the things which i mentioned above even in the short term my bussiness was bankrupt  

Every now and then we see big films buying out successful small businesses. We don't have to always blame these entrepreneurs because the money offered is usually big, and these small startups might be scared of competition. These moves are to maintain a monopoly. Most tech entrepreneurs in my location create and grow innovative startups and sell them to the big players. Since they cannot fight for market share they profit from selling businesses.

[el kaka22]

Possible, depends on the business. If you get into what these big monopolies do, and you are capable of it, then maybe you could have a chance but it would be very hard to do it, wouldn't be easy to handle. On top of that, it's going to be hard to handle all of this, when you are not dealing with anything easy to handle neither, since it takes time for this to happen.

So a poor person getting in, can't wait for years until there is enough traction, would lose money every month, and you would not be breaking even. You have to have some good money to be able to survive that long. Only if you do something that is brand new, not done before, not by monopolies, you can be fresh and new, which would mean better results.

[Cheema02]

Small bussiness never can survive in the middle of monopolies of big companies and i dare to say that because this is based on my personal experience that i was build small bussiness with the audiences is the same such as big companies and my bussiness is not profitable even loss because i have to compete for the prices of raw material, marketing strategies or basic prices of the product against big companies and this makes me failed to compete against them because they can monopolize the things which i mentioned above even in the short term my bussiness was bankrupt  

Your experience really highlights a harsh reality which may faced many small business owners. If we want to compete with huge companies that have high budget , strong branding and ability to offer low prices without hurting there profit so its our mindless thought because we run business at same place with same audience and also we have less varities higher cost and weak branding so its rare or almost very difficult to attract the customers. so learning point is that if we have low budget and we want to run a small business then we need unique strategies and unique locations or special product to attract the people rapidly.

[BIT-BENDER]

The greater the resources, the larger the chances of success are. I think that is the short and straightforward way to put it. Institutions or companies with huge resources can hire the best manpower available, and with great management and people skills, they are at a great advantage.

That said, small players should not really aim to compete with the big players at the start of their journey. It should be about discovering their own path to success without directly competing with larger industries with greater resources.

The competition is unfair between the small businesses and large institution. In all aspects of what is needed in business the larger companies will always defeat the small business owners.
But since OP is talking about tech, your talent can be an equaliser for a small entrepreneur over the large tech companies. When you can create something with your lower man power and capital but what your created still stands out and in demand the best thing the larger tech companies can do is offer you huge money to buy it out. If you don't choose to sell you can get investors/partnerships.

[Cryptomultiplier]

The greater the resources, the larger the chances of success are. I think that is the short and straightforward way to put it. Institutions or companies with huge resources can hire the best manpower available, and with great management and people skills, they are at a great advantage.

That said, small players should not really aim to compete with the big players at the start of their journey. It should be about discovering their own path to success without directly competing with larger industries with greater resources.

The competition is unfair between the small businesses and large institution. In all aspects of what is needed in business the larger companies will always defeat the small business owners.
But since OP is talking about tech, your talent can be an equaliser for a small entrepreneur over the large tech companies. When you can create something with your lower man power and capital but what your created still stands out and in demand the best thing the larger tech companies can do is offer you huge money to buy it out. If you don't choose to sell you can get investors/partnerships.

Am very certain small businesses can survive in a world of monopolies if the business owner actually knows what they are doing and that revolves around the strategy of operations, the sheer focus and the ability to know how to use leverage to their advantage.

Small businesses like a tech startup may have to find a way to carve out their own niche and carter for those who may not be able to afford the service of the bigger monopolistic businesses.
They should focus more on delivering value through quality, creating an atmosphere where they can relate with the customers and be more specialized in their areas of business dealings.
This is how a small tech business can survive despite the financial portfolio and large coverage by the bigger monopolistic businesses.

[bhadz]

As tech giants expand into every sector, are independent entrepreneurs being pushed out? Every niche , you see some big player which has eaten not only online small players but also small offline players.

The giant businesses, corporations and enterprises have the advantage. But it doesn't mean that the small and independent ones are being pushed. It will depend on how pushy you are as an entrepreneur because everything that's big now, they have started small. So, if that's the encouragement you have, you know that you'll be with them at the top. Yet, if you're already discouraged because of the competition and by how you look at them as if they can't fall because they're too big, think of Nokia and other giants before that have fallen because of their failure to adapt.

[Iroh]

Small businesses have little chance of growing and thriving in a monopolistic market. Having more assets and resources, it would be extremly difficult for a small business to actually be in a healthy competition with an already established business not less a monopolistic one.Already established and big businesses has the advantage of having enough capital and resources as every business knows the importance of having just enough capital to be able to withstand challenges of which they'll be lots of.
On the other hand, small businesses has the advantage of being flexible and adaptability. Being flexible and able to adapt means a lot to small businesses as they can change and adapt according to the needs and whims of the customer ultimately giving the customer a personalized experience. Something a large business has little time for.

It would be really difficult and frustrating, though not impossible for small businesses to survive in a monopolistic market.

[ovcijisir]

As tech giants expand into every sector, are independent entrepreneurs being pushed out? Every niche , you see some big player which has eaten not only online small players but also small offline players.

There is one way that come to my mind in which small business can thrive without having to worry some big company will take their customers.

First way is having specialised product for small niche market that is unprofitable for big company. If the market is small enough no tech company will even bother to try to take that part of the market. In my experience small company with few employees can thrive in that kind of environment. If for some reason big tech company wants to take that market anyway it is more likely that they will offer to buy company that offers some product and take existing market that way, than to make new product from scratch and compete with other companies that offer the same product.

[Stepstowealth]

As tech giants expand into every sector, are independent entrepreneurs being pushed out? Every niche , you see some big player which has eaten not only online small players but also small offline players.

As an entrepreneur it is expected that you are providing a unique service that will continue to evolve with you and make you relevant for a very long time. It is only entrepreneurs who do not have a unique idea but are rather in business than entrepreneurship that will often be swallowed up by the bigger giants in the business, but as an entrepreneur who has a unique service guarded by trade secrets, you would always remain relevant even among the big players because of your unique style of doing things that would certainly always be in demand.

[Botnake]

As tech giants expand into every sector, are independent entrepreneurs being pushed out? Every niche , you see some big player which has eaten not only online small players but also small offline players.

Unfortunately, if you have no big connections in the government or any in the market sector, your small business will not thrive. There is already a stiff competition, and those who often lead are definitely the big whales in the market, the prominent big business owners who are trying to own the position of the small business owners. Sadly, the government can't also do nothing about it because they are also given commissions under the table.

Business monopoly is worldwide. And worst thing is, some types of monopolies take deliberate actions through illegal means just to take an edge over the others.

[ImGenius]

Of course, if small businesses are made online-based and the quality of customer service is ensured, then small businesses can also survive. Offline small business owners are frustrated that their business is decreasing day by day, but they do not know that they can make a lot of profit by selling some rare things online. In this era of internet and technology, businesses must be made online-based because there is a lot of traffic available online.

[noorman0]

If it's true that giants are devouring everything, why do small businesses continue to emerge every year in micro-scale models? If monopolies were real, the entire industry would be homogeneous, while in reality, local needs remain diverse and and may not equal to industrial-scale demand. If giants wanted to meet all such diverse needs, it would be impossible for them to enter all business models cost-efficiently.

Perhaps this is just a story of the past: giants grabbing market share, leaving small businesses helpless. Today, their approach is more subtle, and small businesses can even see more "opportunities." Giants no longer seek to steal your customers; they openly steal a portion of your profit margin while giving wider exposure as if your business is growing.

[so98nn]

It works. Because big manufacturers may have good price tag but sometimes it is the small vendor where a passer by reaches faster and do the shopping. We got huge walk in stores like walmart, sams club, target and what not but it never stopped the local shops and home made businesses from selling their goods.

The giant chains will always house bulk products, but the specialty ones will always be sold by the street vendors or small to mid scale manufacturers.

I always keep watching the show "How do they do it", from the big companies like Coca Cola to a small village manufacturer in the middle of nowhere, they have got their businesses set as per their standards and still running.

Well yeah there is some sort of impact but it doesnt stop us making new start ups at all.

[Judith87403]

Small bussiness never can survive in the middle of monopolies of big companies and i dare to say that because this is based on my personal experience that i was build small bussiness with the audiences is the same such as big companies and my bussiness is not profitable even loss because i have to compete for the prices of raw material, marketing strategies or basic prices of the product against big companies and this makes me failed to compete against them because they can monopolize the things which i mentioned above even in the short term my bussiness was bankrupt  

Every now and then we see big films buying out successful small businesses. We don't have to always blame these entrepreneurs because the money offered is usually big, and these small startups might be scared of competition. These moves are to maintain a monopoly. Most tech entrepreneurs in my location create and grow innovative startups and sell them to the big players. Since they cannot fight for market share they profit from selling businesses.

This is merely a natural tension we see everyday in the business world. The entrepreneur view it as an opportunity to benefit from the ideas and the hard work they’ve invested, and the big companies view it as a way of maintaining market dominance without necessarily having to compete. The reason why most startups accept the offers is usually because they feel at that point it’s the smartest move, especially when they have to compete with opponents with pretty much higher resources and experience in the space.

[silpersurfer]

As tech giants expand into every sector, are independent entrepreneurs being pushed out? Every niche , you see some big player which has eaten not only online small players but also small offline players.

It is very difficult to compete with these capitalists. If they have monopoly power, small companies will simply become their prey. This is not good for small companies, especially when the monopolizing companies receive government support, as this will lead to economic inequality.

The role of the government is important here. The state must regulate how the market operates healthily, with fairer competition. It should not give free rein to entrepreneurs who always monopolize, but in some parts of the world, the government receives bribes so that competition is unfair, small people are destroyed, and they are free to set prices as they wish.

[Razmirraz]

The vast resources of large companies make it easier for them to develop technology, expand their reach and offer competitive prices, this power can put independent entrepreneurs at risk. Independent entrepreneurs need to have the right strategy and offer more innovative products or services that meet customer needs in order to survive amidst the expansion of technology giants. They must improve the quality of their products or services to differentiate themselves from competitors, this may be more effective in surviving the pressures that threaten their existence.

[Disconnecting]

The vast resources of large companies make it easier for them to develop technology, expand their reach and offer competitive prices, this power can put independent entrepreneurs at risk. Independent entrepreneurs need to have the right strategy and offer more innovative products or services that meet customer needs in order to survive amidst the expansion of technology giants. They must improve the quality of their products or services to differentiate themselves from competitors, this may be more effective in surviving the pressures that threaten their existence.

Large companies can quickly dominate the market due to their huge capital, advanced technology and extensive network and this is certainly a big challenge for small businesses. But it is also true that small businesses have some special advantages such as the ability to make quick decisions, close relationships with customers and the opportunity to provide personal service so the key to survival is not only technology but also understanding your own strengths and market needs. Different ideas, quality service and quick resolution of customer problems all keep small businesses ahead of the competition. Large companies may win on scale but small businesses can win on flexibility and trust so with the right guidance and continuous development, small businesses can also survive for a long time and are able to create their own position.

[Hanadawa]

The greater the resources, the larger the chances of success are. I think that is the short and straightforward way to put it. Institutions or companies with huge resources can hire the best manpower available, and with great management and people skills, they are at a great advantage.
That said, small players should not really aim to compete with the big players at the start of their journey. It should be about discovering their own path to success without directly competing with larger industries with greater resources.

When you own a small business, never think you're competing with the big players. The reason is simple: we play in a different league than they do. Small businesses will always survive because the big players can't compete with them. And if our business continues to grow and become larger in the future, we might just have to compete with those who have already become big players with the best resources and experience. I mean, as far as I know, there's never been a monopoly that truly killed a small business. It's just that sometimes big companies reduce profits and slow down small businesses' growth.

[Obulis]

Very heart breaking seeing this giant players conquering and leading in at least 95 percent ramifications if not 99%. But which ever way the society is in need of all. The hits are hard on the small players but total displacement is certainly unbelievable.

There's for sure room for small players to keep up and what the big players does somehow strengthen them. Giving them reasons to not only copy the big players but to internalize their ideas.

[justdimin]

Very heart breaking seeing this giant players conquering and leading in at least 95 percent ramifications if not 99%. But which ever way the society is in need of all. The hits are hard on the small players but total displacement is certainly unbelievable.

There's for sure room for small players to keep up and what the big players does somehow strengthen them. Giving them reasons to not only copy the big players but to internalize their ideas.

That is the risk they are taking, and usually it works for them because of the size of their wallets. I can't start a business in 10 sectors right now, but Jeff Bezos could do that if he wants to, and that's the difference. Elon has so many businesses, a spaceship company, a boring company, a car company, a social media company, he owns them all.

Because he can do that and even if he fails like he did with twitter, it is not really a fail, because he has enough deep pockets and a way to get loans and investments from others that even if he fails to make any money for many years, he can stand and wait. I can start the smallest shop, like whatever, selling shirts? That's the most basic simplest job I can think of, if it doesn't make a dime for a year, I would close that shop, even if it was just online.