Why competition is bad

In ancient times, the rules of nature were easy. If you didn’t compete for food, shelter or women, you would die. We still compete for those things, but the competition actually makes us weaker.

When we compete, two negative things can happen.

  1. We start imitating the competition
  2. We focus too much on our competitor, instead of our business

In our personal lives, we often imitate our competitors. We all compete on some level with colleagues, friends, and family. This will make you lose your identity and dignity. True power comes from within. Don’t compete with others. You don’t have to have a better car.

You can also apply this to business. When Microsoft and Google were focussing on each other, Apple became the biggest tech company in the world.

Competition is bad. Focus on the value that you add, not on how much better you are compared to someone else.

“Your competition is not other people but the time you kill, the ill will you create, the knowledge you neglect to learn, the connections you fail to build, the health you sacrifice along the path, your inability to generate ideas, the people around you who don’t support and love your efforts, and whatever god you curse for your bad luck.”
– James Altucher

 

 

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