I understand how you might feel in this situation. It can be difficult when someone you know starts a similar business to yours. It's important to remember that there is room for everyone in the market and that you can both be successful. It's also important to focus on your own goals and to make sure that you are doing what is best for you and your business.
If someone you know suddenly starts doing the same small business as you, it can evoke a range of emotions and reactions. Here are a few ways to approach the situation:
Assess the impact: Consider how their entry into the same business may affect your own business. Are they directly competing with you? Will it impact your customer base or market share? Understanding the potential impact can help you determine the best course of action.
Focus on differentiation: Identify what sets your business apart from theirs. Emphasize your unique value proposition, whether it's through superior customer service, product quality, or other distinguishing factors. Highlighting these aspects can help you retain customers and attract new ones.
Collaborate or network: Instead of viewing the situation as purely competitive, consider collaborating or networking with the other person. Finding ways to complement each other's businesses or sharing resources and insights can be mutually beneficial.