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The Chris Harder Show

440. Getting Over the Fear of Competition

The Chris Harder Show

Chris Harder

Entrepreneurship, Business

4.9 • 1.5K Ratings

🗓️ 4 February 2021

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In This Episode You Will Learn About:

  • The importance of knowing your numbers
  • The benefits of competition
  • How every person and product is unique
  • Being authentic to where you are at

 

Resources:

 

Show Notes:

Fear of competition scares a lot of people away from even taking the first step towards a business, but there's no reason that competition should hold you back. So, we're going to break down the reasons why you shouldn't worry about competition and why you should actually be wary of starting a business that has no competition.

Follow me on social media @ChrisWHarder on Instagram and check out www.ForTheLoveOfMoney.com

Transcript

Click on a timestamp to play from that location

0:00.0

If you know your numbers, you will likely discover that you need the tiniest slice of the market to hit your goals.

0:13.1

Hey everyone, before we get started with this episode, I want to share some really exciting new news with you. Are you ready for this?

0:17.9

For the love of money is getting a total upgrade. We are getting brand new branding and best of all we are changing our name.

0:24.2

For the love of money is now going to become the Chris Harder Show. Now the mission has not changed.

0:29.2

We are going to continue to make you unapologetic about your pursuit of as much wealth as possible knowing that when good people make good money, they do great things.

0:38.5

But under this new umbrella of the Chris Harder Show, not only will we continue to bring you great money mindset and not only will we continue to bring you great business training, but it allows us to talk about more things that are also important in the journey.

0:51.7

So I promise you, if you love this show right now, you are absolutely going to love where I am taking it. Best of all, I am taking you along with me on the ride. I cannot wait to get your feedback on the brand new show and the brand new upgrade that we are all getting together.

1:10.9

And we're back.

1:12.4

Hi, hi, hi, I just wanted to mix it up.

1:14.9

Hey, I like it. I'm sure they are very appreciative of you. You're welcome.

1:17.7

Adding in that flavor a little bit today.

1:21.7

We are talking about, let's talk about competition competition. Let's talk about competition. I love that. Do you know why?

1:29.2

Because competition is what makes most people not start.

1:32.8

Yeah, he's already doing this. He's already doing this. She's doing it so great. What if they think I'm copying them? Oh my god, I'd be devastated.

1:40.5

My ideas already been taken, et cetera. By the way, let's take a quick moment for you to let the dog out because he's scratching it.

1:46.0

Wonderful. This moment is brought to you by bananas.

1:49.0

I'll actually chat a little bit as you're letting bananas out the door right there.

1:54.4

So the other day on a walk, Lori and I, you know, we take a walk every single day.

1:59.7

She said to me, she said, listen, there's no business worth starting that doesn't already have good

2:06.0

competition. And I thought, whoa, that is so freaking right. And where the stems from is two things.

2:13.3

One, as you know, she is the founder of light pink, which is in the alcohol space, which is the single

2:19.5

most, you know, competitive space for whatever wake up and say, oh, I want to start a business there.

...

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