Believing There Is No Competition Is Silly

Everyone has competition. In a complex global economy with increasingly sophisticated technology, competition can occur almost immediately and from any corner of the world.

“Avoid doing this at all costs.” 

The Implications

If you or your company believe that you have no competition, or that no one can do what you do, you risk being viewed by vendors, investors and other needed resources, as naïve, inexperienced and ill-equipped to face the realities of doing business in today’s world. Instead of strengthening the position of your vision, you risk being perceived as blind, whether by ignorance or ego, or simply the strain of the pressure, passion, pleasure and pain. You become a risk, rather than a risk worth taking. Investors engage leaders who acknowledge, embrace, and strive to overcome the competition.

Your ability to see reality must be as strong as your original vision if you want to bring it to life. Don’t run from or ignore competition. Acknowledge it, embrace it and take it head on with your best.

Follow Us on Social Media

Where do you go for answers?

Our Learning Community is the one stop shop for the intelligence you need. Instead of countless hours searching for answers, we’ve organized what you need to know across all of the business and personal issues you face. You’ll get answers from 100s of learning modules, tools and templates, vendor reviews and a vibrant community of your fellow entrepreneurs. Try it for free!

Share The Lonely Entrepreneur