Don't Be Afraid of Your Competition

1 Minute Tips

Date: 27/02/2018

 

Your 1-Minute Business Leadership Tip
 

Competition is essential for individuals and businesses to thrive. 

It brings a smile to my face when I recall one of my mentors, Kent Smith-Windsor sharing his thoroughbred horse racing analogy with me and relating it to business competition.  Purebred horses are trained to race and win, and they always ran faster with another horse breathing in their ear. 

What does that mean for a business owner? 

Don’t be afraid of your competition – let their innovations drive you to keep just a nose ahead!

 


Andrea HansenB.COMM., CFP, GBA
Business Advisor


Taken from “Three Insights I Learned from Kent-Smith WindsorBusinessVIEW Saskatoon, August/ September 2017 
 

“Even if you are on the right track, you’ll get run over if you just sit there.” 
                                                                                                – Will Rogers
 
 
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