Monday, July 9, 2012

Your Greatest Competition

your greatest competition
No matter your level of success, there is always at least one person who is out to beat you… determined to pass you and render you obsolete. Therefore, make sure that your greatest competitor is the future version of YOU.

How many times have you heard, “Your competition never sleeps?” How often have you been warned that your company should never be complacent, no matter your current level of success?

In the business world, competition is fierce. It is constant. When you are on top, many others are working on a plan to enhance what you provide, steal a share of your market, or worse, create the “game-changer” that makes your products or services obsolete. Even when you create the game-changer yourself, the competition is either already at work on the next one, or tearing your idea apart looking to create a better Version 2.0, while some simply want to knock you down.

Have you ever considered the same principles apply to you as an individual?

Perhaps you’ve seen someone plateau at work, only to be surpassed by a more determined candidate. Worse, you have probably witnessed someone take their eyes off the ball – through a lack of judgment or a misstep in character – virtually handing the prize to others.

Few recognize the power of competition, and even fewer will consider that competition important enough to warrant action. In time, those that fail to take action will be replaced, rendered obsolete, or at best left to dwell in relative mediocrity.

Most people reading this may think the message here applies to the business world, and only the business world. What if that same principle also carried over to every other aspect of your life? What if there is someone in competition for your spouse or significant other? What if someone is out to steal the attention of your children, vying to exert influence that should be reserved for you? What about your personal finances, and the financial principles that govern your treatment of money and your financial future?  Who is out to gain at your expense? Who is out to somehow negatively impact your mental, physical or spiritual fitness?

I don’t bring this up as some kind of “scare tactic”, but a true reminder that unless you’re PROactively improving your awareness, mindset and knowledge in the areas of business, family, finances and other key areas – you’re falling behind and leaving yourself vulnerable.

There is always someone out there trying to pass you, either by forging ahead or by bringing you down a notch. Sometimes both. Think about what is most important to you. Consider the fact that others are competing to take that away from you. What actions are you taking to assure that you’re able to overcome that competition, knowing that there will always be competitors?

Make the future version of you your greatest competition, and you’ll be starting on the right path for success and constant improvement in life and in business.

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