Monday, June 13, 2011

Success comes faster with good competition

Almost nothing sharpens up your business skills and attitude as much as having good competitors.

Just like the old saying that you are defined by your enemies.

What happens is:
  • You incrementally improve your product, your marketing and your service by seeing what you have to do to compete.
  • You are driven to not let them win.
  • You find ways to please your customers better and attract new customers.
  • You get energised by the competition – it gives you something to look forward to.

When you don’t have competition then you get stuck where you are and your business gets better more slowly.

Embrace competition.

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