One thing I have come across in the last week is how competitors in a marketplace will sometimes, instead of trying to improve themselves will try and harm their opposition. I think it is such a childish and immature way of behaving, your actions may do what they intend and harm your opposition but only at the price of harming yourself, which is very bad business.
Growing your business
If you are passionate about growing your business and developing your product, all of your time should be spent on it. Any time spent trying to harm your opposition is time wasted and a missed opportunity to further and improve what you are doing. When you try and harm your opposition, it also looks unprofessional to anyone watching on and your motives will be there for everyone to see.
By trying to hurt someone else you make your entire industry look bad. If you are a small and growing industry, this is something you cannot afford to do. It is this sort of behavior that puts people off getting involved in and supporting your industry.
If someone is trying to hurt you the key thing is to not react in a negative way to them. If you don’t stoop to their level or get involved with it, then eventually the people doing it will either get bored or people will turn on them. The worst thing you can do is react, as it will only keep it going longer and make you look as bad as them.
If you want your business and industry to be taken seriously you have to act like a professional at all times. You have to be the business and industry you want to be, even if you aren’t at that stage yet.
Just like you
There will be many people like you in your line of work, people with the same dreams, motivation and ambition as you. If you weren’t competing, you would probably get on. So my advice for this week is – don’t try and hurt someone that is just trying to do the same thing as you, if you care passionately about what you do, don’t ruin it for someone else.
Competition can be a great thing if it is used correctly, as it can make better products, brands and businesses, so you should crave competition. Just crave winning and not wanting other people to lose, just because it is a competition it doesn’t mean that more than one person can’t win.