Are you happy to have competition?

Do you think of them in good terms or bad?

From an early age I realized the impact of competition on my Fathers’ business as when I was 10 years old I remember not being able to have some of the ‘stuff’ I wanted due to a shortage of money in our family. I also remember how my Dad applied himself and within 10 years he had gained back the business standing in the community that he had had before the tough competition had arrived.

You may be wondering why I would write about this. It is because I firmly believe that while competition may be hard on individuals or families, it is best in the long-term. This is because it ensures the survival of the most innovative and market worthy business all the time.

Remember what Napoleon Hill said; “Effort only fully releases its reward after a person refuses to quit.”

What can you do to become more innovative and market worthy today?