How To Deal With Competitors
My solution on how to deal with competitors is simple: Don’t pay attention to competitors. Success in business is about constantly improving your product or service, team, and culture. If you focus on these aspects, you’ll improve your position in the marketplace.
Focus on the fundamentals of your business. Keep up with metrics and constantly share your organization’s core values. These are a few ways that you can improve your business. But whatever you do, don’t obsess over what competitors are saying about you. If you keep bettering your own business, you’ll have no need to fear your competitors.
“The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time.” – Henry Ford
Watch this video
In this video, I discuss how to deal with competition in business. This is a part of what I call the “Ivanisms Series”, all of my personal quotes and phrases and why they have worked for me. Please watch this video to understand what Ivan means.
2 thoughts on “How To Deal With Competitors”
We will still need to pay attention to what they are doing, for they may be setting a new bench mark that sets them apart, though we hope to be the leader in our own field and set the market standard, it may not be where the market is going.
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I do mention that we need to pay attention to what they are doing. My goal with this message was that we shouldn’t obsess over it.