Can small businesses survive in a world of monopolies?

[puloweh555]

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.

A lot of those "small players" give up at the beginning because they simply don’t have the means to survive. They don’t have enough resources to keep going, and therefore they give up easily. I know many companies that operated for months in the negative just so they wouldn’t quit too early, and some of them managed to stay afloat, while others, unfortunately, ended their journey.

Absolutely true. That's the real impact of monopolistic practices. Many small players ultimately lose out because their enthusiasm for innovation decreases, ultimately leading to marginalization due to lack of competitiveness. When market access is controlled by a monopoly, monopolies also reduce product diversity in the market because the market is dominated by the monopolist.

The government must be able to control this when monopolies occur in the market. The government must create healthy competition for every business actor by establishing regulations, because when a monopoly occurs, it is no longer healthy. Therefore the government must enact an Anti Monopoly Law to create a healthier and fairer business climate in the market preventing small businesses from being disadvantaged.

[DrBeer]

This is a trend on going now if someone posts their businesses and adds some good caption.
People are buying out of their emotions and the need of wanting to help and support for a good cause.
And that's why even with so huge competitors in the products that they sell, the consumers are going to support them just because of that.

It is limited to a very few products though. Not everyone will buy all products just because they support a good cause. Instead, they will be looking for better products not only offering better experience but also making their lives much more easier. People will not always spend on all products they see. Marketing will be a very important part here. These new companies have to spend a decent amount in marketing so they can convince their users to purchase the products.

People mostly will be influenced much quickly if they find an advertisement interesting. For a better reach of targeted audience, these new companies will have to spend way more money than the well-established brands. This will reduce their profits and this is what I think will make the new companies struggle.

Advertising is no longer just a vehicle for information; it has become a tool exclusively for manipulating consumer consciousness.
And here there is an interesting nuance. Small businesses cannot invest millions in advertising because they simply do not have that kind of money. But small businesses do advertise themselves... by themselves — through individual attention, a “family atmosphere,” and greater loyalty to their customers. This is advertised through what is known as “word of mouth” — when customers themselves tell their neighbors and friends about the business and its products.  And it works perfectly without huge marketing and advertising costs!

[Oluwa-btc]

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.

I think the smaller players would be affected greatly due to the investment the big players are investing inorder to get to a wider reach and audience. But on the other hand the fact that most customers would always want to do business with the end product, of which the smaller businesses comes into play. Through that means they can be able to thrive well in the midst of the bigger players but it's more or less like a competition between both parties.

[katanic97]

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.

A lot of those "small players" give up at the beginning because they simply don’t have the means to survive. They don’t have enough resources to keep going, and therefore they give up easily. I know many companies that operated for months in the negative just so they wouldn’t quit too early, and some of them managed to stay afloat, while others, unfortunately, ended their journey.

Absolutely true. That's the real impact of monopolistic practices. Many small players ultimately lose out because their enthusiasm for innovation decreases, ultimately leading to marginalization due to lack of competitiveness. When market access is controlled by a monopoly, monopolies also reduce product diversity in the market because the market is dominated by the monopolist.

The government must be able to control this when monopolies occur in the market. The government must create healthy competition for every business actor by establishing regulations, because when a monopoly occurs, it is no longer healthy. Therefore the government must enact an Anti Monopoly Law to create a healthier and fairer business climate in the market preventing small businesses from being disadvantaged.

That’s why in some countries there is support for small entrepreneurs, and in general, financial assistance is always helpful even if it’s small, any help is welcome. But still, it’s hard to survive; as you said, the government needs to pass an anti monopoly law to create a healthier and fairer business environment, but that’s an almost impossible mission, as you know yourself. Honestly, if i decided to start something, i would think long and hard about it, because in 80% of cases i wouldn’t succeed. i would develop a plan, try to do things differently from others, and then see where that would lead. In any case, all respect to those "small players" who have managed to survive.

[Fredomago]

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.

I think the smaller players would be affected greatly due to the investment the big players are investing inorder to get to a wider reach and audience. But on the other hand the fact that most customers would always want to do business with the end product, of which the smaller businesses comes into play. Through that means they can be able to thrive well in the midst of the bigger players but it's more or less like a competition between both parties.

They can survive with those kinds of clients, as there are silent small business supporters which can still give life to that small players, and since internet is widely open small business can also seek aid from those buyers who mostly attached in helping small business and not that fan of big established businesses, they will give extra life to small business to maintain and continue to grow.

[LOVER BOY 422]

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.

Ofcourse small independent entrepreneurs can survive in the world today ,do to monopoly many bigger sector of business today will indeed survive due to our population today ,in bigger business owners today do sell in larger and small scale now in many local communities but the smaller business owners still buy from bigger business owners,their by making it difficult for the smaller business owners to sell but now many people has now understand the process their by petronising the small business owners because their is no different buying from the bigger business owners,that's the reason why I said they will survive

[hafiztalha]

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.

I think the smaller players would be affected greatly due to the investment the big players are investing inorder to get to a wider reach and audience. But on the other hand the fact that most customers would always want to do business with the end product, of which the smaller businesses comes into play. Through that means they can be able to thrive well in the midst of the bigger players but it's more or less like a competition between both parties.

They can survive with those kinds of clients, as there are silent small business supporters which can still give life to that small players, and since internet is widely open small business can also seek aid from those buyers who mostly attached in helping small business and not that fan of big established businesses, they will give extra life to small business to maintain and continue to grow.

There are many monopolies in every country and we saw many big players in every country because they are controling the market and they has no pressure to increase the quality of product and they are paying more And more money to people because there are small companies which I see but these companies are not high trusted and these getting low profit from their product because people but the products due to high value range in the society as we saw in case of I phone when it came in the market it because successful because it gave more value to the people as comparison to android and other phones. There was a time when people try to buy android phone but now they want to buy I phone due to high respect in the society.

[CageMabok]

...

I think the smaller players would be affected greatly due to the investment the big players are investing inorder to get to a wider reach and audience. But on the other hand the fact that most customers would always want to do business with the end product, of which the smaller businesses comes into play. Through that means they can be able to thrive well in the midst of the bigger players but it's more or less like a competition between both parties.

Competition in business is always present, and it's inseparable from various sectors. Larger business owners also face competition on a par with their peers, making it more difficult for them to compete. This isn't limited to smaller business owners. Most large businesses I've seen, both in the past and currently, prefer to collaborate with smaller businesses to maintain a steady and growing sales volume, as larger businesses sell all their products to smaller businesses. Smaller businesses, on the other hand, sell directly to consumers through retailers, ensuring a long-term, resilient relationship.

[shinratensei_]

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.

They can but at very specific niche. Recent google gemini update with its new functionalities just put many AI based start up out of the competition already and I can see the direction toward monopolies.
But it's been that way since long ago, big company expanding into many sectors. Competition is getting too hard and the only way for small business is to move fast, faster than the large companies.

[IjawMan]

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.

I think the smaller players would be affected greatly due to the investment the big players are investing inorder to get to a wider reach and audience. But on the other hand the fact that most customers would always want to do business with the end product, of which the smaller businesses comes into play. Through that means they can be able to thrive well in the midst of the bigger players but it's more or less like a competition between both parties.

The big players in all sectors understands the role of corporation and stationing of saturated down lines to make sure products and service reaches all audience in any location.

Customers go for quality and many of the small  players are not reliable on quality improvement resulting from source funding inadequacies.

A collaboration by the small players to pool funds together will secure a space for them in the middle of the competition, and their visible role will not be undimmed to the extend that it seems they have faltered.

[LeyMonte]

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 has become very difficult for small businesses in the world to survive because big companies do not allow small companies to run well. Big companies are destroying small companies in a well-planned manner. Small entrepreneurs who are slowly moving forward with their own small businesses will be targeted by big companies and played a game in which big companies will win and small companies will eventually close without getting any edge. Big companies target small companies around them and do business, they always try to stay on top.

[Xcode7]

...

I think the smaller players would be affected greatly due to the investment the big players are investing inorder to get to a wider reach and audience. But on the other hand the fact that most customers would always want to do business with the end product, of which the smaller businesses comes into play. Through that means they can be able to thrive well in the midst of the bigger players but it's more or less like a competition between both parties.

Competition in business is always present, and it's inseparable from various sectors. Larger business owners also face competition on a par with their peers, making it more difficult for them to compete. This isn't limited to smaller business owners. Most large businesses I've seen, both in the past and currently, prefer to collaborate with smaller businesses to maintain a steady and growing sales volume, as larger businesses sell all their products to smaller businesses. Smaller businesses, on the other hand, sell directly to consumers through retailers, ensuring a long-term, resilient relationship.

If they need each other then it can go hand in hand without anyone being left out but there are also big businesses that kill small businesses for example supermarkets which because of that makes the business of small traders quiet so I think there is no meaningful competition between big businesses and small businesses because of course the small businesses will lose and that is from all sides, they will not be able to compete if there is no equivalent money.

[abhiseshakana]

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.

They can but at very specific niche. Recent google gemini update with its new functionalities just put many AI based start up out of the competition already and I can see the direction toward monopolies.
But it's been that way since long ago, big company expanding into many sectors. Competition is getting too hard and the only way for small business is to move fast, faster than the large companies.

It's true that large companies are expanding their dominance and intensifying competition. The ability to identify challenges and opportunities, as well as adapt quickly, is crucial. However, MSMEs possess several advantages that contribute to their high survival potential, including flexibility, local differentiation, low costs, social proximity, product personalization, and the ability to create value that large-scale models cannot duplicate. Monopolies are powerful, but not total. In an era of monopolies, if small business owners are discerning, there are opportunities for MSMEs to emerge in areas that large companies cannot penetrate.

One factor that can enable MSMEs to survive and even thrive in an era of monopolies is when the bottom of the pyramid is consolidated (the economy supports each other), so that the economy rotates horizontally, not vertically, flowing to the top of the pyramid. The local economy becomes resilient, MSMEs become ecosystems, not individual entities, consumers are loyal to local products, bargaining power increases, and monopolies cannot dominate micro markets.

[Jateng]

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  

Small businesses cannot compete with large companies because small businesses have to pay a higher price to buy something while large companies buy same thing in large quantities therefore get it at a lower price. Large companies have less chance of making a loss by chance large companies in loss they buy something cheaply and stock it so when price of this item increases they sell it and get more profit. Large companies have more investment capital than small companies. A small business considers it appropriate to close down if it incurs a loss. other side large companies use their marketing experience to buy those items that maximize their profits and minimize their losses.

[Muba20]

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 tech giants are now trying to dominate everything. Because of them, it has become very difficult for small entrepreneur to survive. When big companies enter the market, small businesses are not able to compete with them. It is clear that the scope of those who were independent entrepreneurs is gradually narrowing. Since big companies have sufficient capital, they are able to offer more benefits than small businesses, which is why it has become much more difficult for small businesses to survive. At that time there is a lot of competition, consumers are benefiting to some extent, but it has also become difficult for small businesses to survive in the long run. Although some think that small businesses will not disappear because they can provide services at the root level and create the kind of products that big tech companies cannot. That is why small businesses will survive.

[GeorgeJohn]

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.

You're on right track, because each business need to diversify their source, and diversifying theirs of income is as same as expanding, so that's the objectives of everyone who runs a company or who is entrepreneur, they innermost objectives is expansion, from small to massive, that's sometimes it's not good to depends in one way of generating income.we needs to have accumulated source of income.

[Miles2006]

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.

Considering the monopoly system, it benefits one sector compared to the other definitely as an entrepreneur you just have to follow suit because small businesses hardly get the profit desired due to dominance, for instance join same sector that benefit more compared to other sector. Making example using Tech, in the digital dispensation it seems tech is taking over almost every field yet not every because local produce are still needed, in this situation the best advice is to join the race that’s commonly leading the market system probably location differs so it must not be only tech rather other form of market.

[Rengga Jati]

It's actually possible, but of course, the situation won't be so easy. There are many challenges, especially if your competitors are top businesses or companies. This will be incredibly difficult to overcome.

However, that doesn't mean it's impossible. Here, we can see several possibilities we can still optimize to run a profitable business amidst this intense competition. Technology is one of the things we can optimize. The sophistication and development of social media platforms like TikTok, Telegram, Lemon8, Facebook, and various other online platforms can enable us to introduce our business and convince customers or investors to trust us. They can also get to know us more easily through technology optimization.

But once again, this doesn't always guarantee success, but at least we can try to do it.

[Agbamoni]

I can't remember if I've come across this topic before. But whatever, I'll speak my own opinion.

A small business will survive in a world of monopoly if the business model is not saturated. Some businesses require more than one company or person to provide them with the services.

Let us take traditional banks, fintech, hospitals, schools, and hotels. These are major businesses, whereby even if one company leads the market, people still need other business owners too.

[batang_bitcoin]

It's actually possible, but of course, the situation won't be so easy. There are many challenges, especially if your competitors are top businesses or companies. This will be incredibly difficult to overcome.

It is the challenge that they need to overcome because many of these big competitors won't just allow any small amount of money goes to these small competitors. So, they'd do things like making promos just to eliminate these smaller ones and they can't take the competition anymore if they lower down their prices until they decide to quit and leave the top businesses to continue with their operations. But to the small business owners, what they need is determination not to be moved by the bigger ones if the competition is very tough. Yes, it's not impossible.