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Competition in Business and Life is Good

May 28, 2013

Business Advice for Women Entrepreneurs and Small Business Owners

Adam Higginbotham Lacrosse

As my West Genesee lacrosse son prepares for another epic Central New York sectional championship showdown against lacrosse rival Fayetteville-Manlius tonight in the Carrier Dome in Syracuse, I’m inspired by the positive effects of competition in life and in business.

Competition has a way of bringing out the best in most individuals. Battling a competitor typically means putting extra time, effort and money into improving ones skills or action plans to surpass someone else’s efforts. Competition doesn’t have to be a malicious word in sports or in business. It can be a constructive word that catapults someone to higher performance and results.

Today’s post is to inspire you to think of competition as healthy; to embrace the fact it exists in the world and in business. Here are some reasons why women entrepreneurs should embrace competition in business:

* By studying a competitor’s strengths and weaknesses in the marketplace, a business owner can compare themselves to others and focus in on their own powerful attributes. Entrepreneurs can also alter their game plan to prepare themselves for improved healthy competition.

*Sometimes entrepreneurs become lackadaisical over time giving up golden sales opportunities, major connections and forward momentum. By focusing on a successful competitor, business owners can motivate themselves to up-their-game and reclaim their energy and focus to excel.

*Even though entrepreneurs aren’t striving for championship titles or trophies, we are striving for more monetary success or business growth. Comparing our business success periodically to a competitor may be exactly what we need to sell, achieve and grow more.

Today embrace a competitive spirit. Rev yourself up to achieve some higher goals. Set new heights and new horizons, do your due diligence, create new action plans and put in the hard work needed to win the title! It’s a battle sometimes but one well worth fighting.

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One Comment leave one →
  1. May 28, 2013 2:04 pm

    I agree completely that competition is healthy, and usually necessary, to keep your drive. Real competition is not designed to be anything but above-board and fair.

    Like

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