Hey, welcome to the 100 R. M. A show where you take care of business every day of the week with our daily 10 minute

business lessons for the real world. I'm your host, your coach, your teacher

Omar Zenhall. I'm also the co-founder of the $100 MBA, a complete business training and community online.

And today you will learn how to deal with competition.

Many of us, when we're in business, we worry about our competition. Many of us, when we're in business, we worry about our competition.

Let's deal with this head on, so let's get down to business.

All right competition competition.

competition. How do we deal with this whole thing?

Now many of us, as soon as you get into our business, we realize, wow, we got a lot of competitors out there.

How do we deal with them?

Do we face them as enemies?

Do we make them friends?

Let's talk about exactly what to do with competition.

So let me ask you a question.

How much attention are you actually paying

your competitors and what they're doing?

The more time and energy you spend

following your competition, the less time and energy you'll have to actually

build your business. Let's think of a really successful company like Apple. There's no other company

in the technology world that focuses less on keeping up with other companies.

They're not really concerned about it.

Instead, they focus on building something completely new and remarkable.

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