Over the last year, my business has spawned three imitators. Each is a friend who saw my success and said, “If Joel can do it, I can do it.”
One started an SEO company a year ago, another started a web design company then an SEO company, and the third just started a copy of our services fairly directly.
I guess this is capitalism at its best – anytime customers need a product and that becomes obvious, many people rush to fill the void. Just unfortunate because now I can’t continue to have the same relationship with these guys that I did before.