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!