[ethanhuynh]

tweak your business model, rethink of the who, what, when, where, how, why of your business, like: who else could be interested or benefited from your offers? what when or where does the consumption often take place? Can you shorten the consumption chain? .. questions like these are pretty basic but they might open new opportunities.

I'm a fan of fast execution but I think situation like this requires some times to sit down and think for awhile before doing something next. Read "The ultimate competitive advantage" or "the entrepreneurial mindset", the 1st book introduces a new way to think about competitive advantage, the 2nd book contains lots of great tool-kits for "thinkers" to differentiate their offerings as well as how to stay ahead of your competition, these 2 are complementary. but read "the entrepreneurial mindset" 1st for some tools that can be implemented immediately (like "quizzing", "attribute map", "stratification map" ...)