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3 Ways You Can Make Your Competition Work For You

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In business, it is widely believed that your competitors are to be treated as the enemy. This may be the case for veteran players, battling for dominance in their marketplace, but what are the rules for those just getting their start?

As a newbie in any field, it may not be advantageous to your progress or reputation, to try and go after the top dog. A yellow belt in karate wouldn’t have much luck defeating a black belt in a sparring match, or get very far by taking them on every day. However, that same yellow belt could learn to defeat other yellow belts, increasing themselves in rank, if he chose instead to learn from the black belt.

What is true in martial arts is also the same in business. As a newbie, treating your competition as mentors, can accelerate your growth and success exponentially, and even generate income at the same time. Some of the most enlightening experiences of my lifetime, have been from working for those who were positioned where I had aspired to be. I like to call it, paid training, and you can’t beat that.

Here are 3 reasons why beginners should work with, instead of against, their competitors:

1Guidance

The reason why is because who they are. Your competitors. What qualifies another as a competitor? The fact that you consider them a challenge to your success and/or business, demonstrates their ability and skill to drive revenue away from you. Otherwise you wouldn’t consider them as competition.

When starting out, recognizing those who have already done it, and are doing it well, is the first step to mastering success. The big competitors have already put in the time, money and effort to get where they are today. Your ability to recognize that and learn from their past mistakes can save you from the wasted time, money and humiliation they once suffered.

When setting your course for success, wouldn’t it make sense to learn from someone who has already made the trip, and charted the map? Accept their guidance. They have uncovered lessons that can save you from making the mistakes that could halt or hinder your success

“You must learn the mistakes of others. You can’t possibly live long enough to make them all yourself” – Sam Levenson

2. Leverage

The word leverage is derived from the word levier, which means to lift or to advance; to give a minimum input that attains maximum results. It is the ability to gain more with less resources, and it can be used to accelerate your success as well. Imagine trying to remove a flat tire without a tire rod.

The experience would be strenuous, if not grueling. This scenario is not far off from the true difficulty you will face if you are unable to learn how to use competitor leverage to your advantage. Using your competitors prestige and experience alongside your vision and sweat equity, can push your dreams into reality. This is probably one of the most surefire ways to 10X your results in any field.

 

3. Reciprocity

In any line of work, you should always do and give more than what is expected. This is especially true when developing relationships with those in your marketplace. While you would obviously refrain from giving away or up anything that could be leveraged against you, contributing time and effort to others’ needs, opens you to reciprocation.

Doing big favors for big players can open you up to huge opportunities in the future. And while the main focus here has been on big competitors, the same courtesy should be given to those who are just starting out as well. Helping others will open you up to future partnerships and business relations with those who could one day too make it in your marketplace.

“The truly gifted negotiator, then, is one whose initial position is exaggerated enough to allow for a series of concessions that will yield a desirable final offer from the opponent.” – Robert B. Cialdini

When starting out, you need to be smart about what actions you take. Will you take the difficult path and fight the tide? Or will you learn to swim with the current and use it to take you to your goals?

How will you make your competitors work for you? Please leave your thoughts in the comment section below!

Robert Glover is a real estate investor, coach and entrepreneur. He has trained and lead dozens of sales teams across the American East Coast, helping others achieve their goals and dreams.

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5 Women Who Revolutionized Tech and Made Millions

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There are many female entrepreneurs in today’s world revolutionizing the tech industry and owning their own unique craft. Before, technology and business was seen as a more male-dominanted industry that women rarely crossed into. That’s no longer the case. (more…)

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The Truth About Marketing Every First Time Founder Should Know

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While starting your own business is an exhilarating experience, many start-up founders struggle with successful marketing more than any other area of business. So if you’re thinking about starting a business, here are some of the key things you need to know about marketing before you take the plunge. (more…)

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Lessons I Have Learned About Scaling a Business as a Startup Founder

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When I set out to start my own business three years ago, I never imagined bright lights and private jets to New York or Shanghai for business meetings. Good thing I didn’t because it is nothing like that at all. It was a struggle from day one and I had to embrace the grind to grow. (more…)

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5 Hacks to Improve Your Writing Skills in English for ESL Learners

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Studying in college is hard for everyone, but ESL learners arguably suffer the most. Moving to a foreign country, learning a new language, and keeping pace with the rest of the class may seem like an unbearable burden. It’s okay to feel overwhelmed, but you have to pull through and not give up. 

In moments like this, it’s always a good idea to seek help. Whether you go to WriteMyPaper to order an essay or just talk to a friend, admitting vulnerability is an important step towards improvement. In this article, you will find some tips on how to get better at essay writing, even if English is not your native language.

 

Control Your Environment

Improving your language skills is all about constant practice. Living in an English-speaking community is the first thing you should do to start your practice. It might be tempting to surround yourself with people who already speak a familiar language. However, this way, you won’t be practicing English on a daily basis.

You need to make those lessons almost intuitive in a way that you don’t have to do anything to learn the language. If you live in an English-speaking community, for example, if your roommate speaks English, you will have to practice the language, whether you want it or not.

Still, make sure you don’t take it too far. Taking care of yourself is still as important as ever. Feeling like an alien for the sake of education is not worth it. Remember to keep in touch with your friends and family, talk to them as often as necessary.

 

Practice Constantly

Practicing language is not just about doing your homework. You can make practicing English a normal part of your daily routine by watching TV, listening to music, and reading books in this language. 

Yet, this is a bit tricky. When being surrounded by white noise, people tend to learn not to notice it. You need to ensure this doesn’t happen. As you watch movies or read books, maintain your attention on what you’re doing. If you hear or see a word that you don’t understand – translate it and write it down. Be mindful and remember what you’re doing this for.

 

Writing Is The Answer

If you want to specifically learn to write, you need to do one thing, and that is to write. Continuous practice will help you understand what mistakes you often make and, in time, eliminate them. Focus on your goal, and don’t get discouraged when something’s not working. After all, even Rome wasn’t built in a day!

Get a journal and write in it daily. Pick a new topic every time and note everything you can think of. It’s also important that you write by hand, a spelling checker in your computer is tempting, but it will not help you remember how to spell words correctly. 

Besides, journaling as a habit has multiple health benefits, and it can be therapeutic. It can help you get in touch with yourself and process your emotions better.

 

Learn In a Group

It’s proven that learning in a group is more efficient due to the sense of competition. Find a bunch of like-minded people who want to study with you or join an already existing one, like a speaking club.

The benefit of such activities is that you get all these people from entirely different backgrounds who are all good at various things. This will help you exchange experiences, which is impossible if you’re alone.

Schedule regular meetings, come up with topics to discuss and activities to do. You could watch videos or movies together, or talk about common things. Having assignments like describing an event can also be beneficial for the entire group. This way, while one person speaks, the rest think about how they would say the same things differently. 

This will help you feel more confident in your skills and, consequently, speak and write better.

 

Expose Yourself

The most important thing about learning a language is not to be afraid of making mistakes. It’s inevitable; you just have to take it as a natural part of a learning process. 

A child that is learning how to walk doesn’t give up after falling once, and you shouldn’t either. It’s most likely that your friends understand that you’re just learning a language, and they won’t laugh at you for misusing a word or a few. 

Get over that fear of error and make as many mistakes as it will take. Treat it lightly, and don’t beat yourself up for it. On the other hand, try to attend as many events as you can that will expose you to the foreign language. Not only will it boost your English skills, but also improve your social confidence!

 

Wrapping Up

Learning a language is hard; there’s no arguing about that. However, it’s going to get easier with time. Take every hard thing that life throws at you and turn it into a lesson. 

Watch your favorite movies in English, converse with native speakers, and you’ll see the improvement very soon!

Remember to be patient about it. Don’t give up, and don’t beat yourself up over something that you have so little control of. Good luck!

 

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