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Stop worrying about your competitor

by paulgl
9 replies
So many people on the WF seem hung up on their competitors.
What they're doing, what wrong things they're doing, etc.
I always thought I was on the outside telling people to start
worrying about their own stuff. Found this quote:

"At this stage, I stand the risk of sounding controversial, but focusing on competition is a major contributing factor to killing a business. Aside the fact that you'll get distracted along the way, you also stand the risk of eventually being another copy of your competition.

Stop the fuzz about your competition and focus on how to improve your services and products. This way, you'll be able to build a great business that will last forever."
Read the full article:
Why Most Businesses Fail in the First Six Months - Yahoo! Small Business Advisor

Paul
#competitor #stop #worrying
  • Profile picture of the author Jennn
    Thanks for posting the link Paul.

    My favorite part of the article is reason #1

    There will always be a market for a product or service that solves a real or perceived problem.
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  • Profile picture of the author durandalblue
    You're probably right. Yesterday I wasted an entire day looking at my competitors backlinks when I should have just kept plugging away at building my own.

    It can be discouraging when you look at authority sites in your own niche and you put too much pressure on yourself to try and keep up with them. Just keep doing a little more for your site everyday and it will grow.
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  • Profile picture of the author Ken Houck
    That was a nice little read, short and sweet. I think procrastination is both good and bad. It can spawn creative ideas, but it can also be bad for business if you are not getting things done.
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  • Profile picture of the author DavidAtias1
    Thank you for sharing this article !
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  • Profile picture of the author onlinesolutions1985
    thank u for sharing paul!
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  • Profile picture of the author LastingLifeSuccess
    Hi paulgl, . . . five very thorough and sensible reasons why businesses fail in the first six months. This is clearly a well thought out article presenting compelling reasons for business crashes.

    I recommend. Thanks!

    LLS
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  • Profile picture of the author datingworld
    True,

    If one keep worrying about competitors, then the useful time is being wasted in worrying rather than use to out rank competitors.

    better to work hard to be a step forward than competitors; worrying will do no good but will waste time and bring stress.
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  • Profile picture of the author Lokahi
    If you're number one in your niche and too focused on your competition, that means you're looking behind you when you should have your eyes facing forward (in front) on your own future and worry over your own innovations not what lesser companies are doing.
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  • Profile picture of the author Jonathan 2.0
    Banned
    When you can, join forces with your competition for mutual benefit and the benefit of your customers.

    This can include interviewing them and having them contribute to your product(s).
    Signature
    "Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem and turned it into an opportunity."―Joseph Sugarman
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