Sun-Tzu and the Art of Business
I just did quick read of Sun-Tzu and the Art of Business and got some great points to keep in mind regarding competitors in business:
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Know yourself, know your competitors, and know your market
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Think clearly and act decisively, giving clear guidance and ownership
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Lead with character and examples, not just words
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Attack competitors where they are weak, but don’t destroy the market in the process
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Form strategic and powerful alliances and use them well, somewhat to keep your competitors from dominating all the good partners
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Move quickly, or at least quicker than your competitors