Do you hate your competition?

Profile picture of the author mvwolf by
For the industry in which you are, do you think that your rival is your worst enemy? Or you see them as potential partners? What is your belief about the key competitors? And why?

I always remember the quote from Ray Kroc (Businessman who built Mcdonalds into the most successful fast food operation in the world):

If any of my competitors were drowning, I'd stick a hose in their mouth and turn on the water. It is ridiculous to call this an industry. This is not. This is rat eat rat, dog eat dog. I'll kill 'em, and I'm going to kill 'em before they kill me. You're talking about the American way of survival of the fittest.

In industries in which I worked, this was often. Yes, such an attitude is stressful. But it also helped them to be better, especially in marketing and customer service.

On the other hand, bloggers, for example, stick together.

Does it depend on the industry a person is in? Or it depend on personalities? Or some other factor?
#offline marketing #competition #hate

  • Profile picture of the author SJJPFTW
    I love my competitors!!

    Mainly because I go out my way to look after my customers and they do not most of the time and that makes me look really good.

    I have found you don't need to play dirty, just let the competition do it and see how quickly it backfires. A competitor tried to undercut me by 35% on everything a year ago, I stuck in and provided the best products and services at a good price. Year and a bit later they have gone out of business and I am still charging what my business is worth and keeping all my clients happy.

    PLUS I am scoring new ones and old ones back who jumped ship since they have shut down.
  • Profile picture of the author Irish Intuition
    I can honestly say I never think about the competition... not
    sure if that is good or bad. I like to focus on how to sell
    more and who I am selling to.
  • Profile picture of the author Mwind076
    There is not "competition" in my field. There are others that offer the same type of thing, but we try to stand out based on our practices and our results.

    We do things differently than anyone else I've run across, and I've heard from clients that we are different. Most likely because we offer a service?
  • Profile picture of the author sdentrepreneur
    I actually don't feel like I have any competition. Not trying to be cocky or anything, I look forward to connecting and learning from those that are more skilled than me. I also look forward to helping others that could learn from my training. Could explain why I have over 340,000 views on my YouTube Channel :-)
  • Profile picture of the author Baadier Sydow
    I have competition that I chat to on a daily basis and we bounce and share ideas all the time. We are never 100% threats to each other and you're better off with the mental stimulus than without.
  • Profile picture of the author DavePalermo
    Yes I hate all of you people.
    And while you're at it, burn in hell!!!!!!!!



    Kidding.
    Competition keeps you on your toes.
    Keeps you honest and keeps you from going stale.
    I hate competition but I always learn from them.
  • Profile picture of the author vndnbrgj
    I don't hate my competition....

    I admit, it threw me off when I found some around the corner from my house.
    But, I don't hate them... Hell, I wouldn't mind partnering with them.

    Healthy competition means there is a need!
  • Profile picture of the author massiveray
    Psh.... Hate takes a hell of a lot of energy.
  • Profile picture of the author BarbaraMcKinney
    In business world competitors are always present. I view competition as helpful because it motivates marketers to become more CREATIVE which result to the increase of consumer satisfaction.
  • Profile picture of the author Fishing
    Can safely say anytime I have done anything for my competition when they have reached out has bit me in the zzz.
  • Profile picture of the author iAmNameLess
    Never hate your competition.. make your competition hate you.
  • Profile picture of the author ambrking
    One should never hate competitors. They are there to test if your product/services is better than the other. So instead of taking time planning a strategy against then, learn what their strategy is and make it better.
  • Profile picture of the author John Durham
    Not as much as they hate me.
  • Profile picture of the author Lura87
    In a world you see anywhere competition is must for position in your field. In a IT filed huge competitions..
  • Profile picture of the author John Durham
    Originally Posted by iAmNameLess View Post

    Never hate your competition.. make your competition hate you.

    Just read this.... You know what they say about great minds...
  • Profile picture of the author 300SMG
    I don't hate my competition - "keep your friends close and your enemies closer".

    Without competition, I'd get pretty lazy. Competition, pure competition, those in the same field offering much the same services, SHOULD make you better. If they don't you're doing it wrong.

    So do I hate my competition? No. I look to them for added inspiration.
  • Profile picture of the author mvwolf
    Originally Posted by 300SMG View Post

    I don't hate my competition - "keep your friends close and your enemies closer".

    Without competition, I'd get pretty lazy. Competition, pure competition, those in the same field offering much the same services, SHOULD make you better. If they don't you're doing it wrong.

    So do I hate my competition? No. I look to them for added inspiration.
    I like this way of thinking. I agree with you. They challenge us to be better, they inspire us.
  • Profile picture of the author mvwolf
    Originally Posted by vndnbrgj View Post

    Healthy competition means there is a need!
    Yep, it sure it is!
  • Profile picture of the author Rus Sells
    When you position yourself uniquely enough you don't have any competition to hate.
  • Profile picture of the author bhadriram
    Really nice discussion about the competition useful thanks for sharing

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