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Your Competing Skills |
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By Vadim Kotelnikov, Inventor, Author & Founder, Ten3 BUSINESS e-COACH – Innovation Unlimited, 1000ventures.com
"The great secret of success is that there are no secrets of success; there are only timeless principles that have proven effective throughout the centuries."
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Competition: "I have always loved the competitive forces in this business. I have meetings where I spur people on by saying, "Hey, we can do better than this. How come we are not out ahead on that?" That's what keeps my job one of the most interesting in the world." – Bill Gates... More
Two Basic Competitive Strategies Average ones compete with others. Great ones compete with themselves. Creating Value Competition is all about value: creating it and capturing it. No business can be successful unless it places top priority on outdoing its competitors. Business has always been a battle. Companies which don't do their utmost to outcompete their rivals are likely go out of business sooner or later. You need to establish a position of competitive excellence if your business is to survive. A fundamental rule in crafting a competitive strategy is to view competition from the other player's viewpoints.
The Art of War: Planning an Attack
By: Sun Tzu
The Five Things You Must Know To Win
Victory comes from knowing when to attack and
when to avoid battle...
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Planning Warfare is one thing. It is a philosophy of
deception.
When you are ready, you try to appear incapacitated...
More
Planning an
Attack The best policy is to attack while the enemy is
still planning.
The next best is to disrupt alliances...
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Case in Point
7-Part Competitive
Strategy of Microsoft
Although Bill Gates, Founder of
Microsoft, built his empire on technological products, his business
mastery is even more important than his technical skills, and his
competitive urge is a huge driving force.
The early success of Microsoft was founded on
the company's 7-part competitive strategy...
More Tips for Developing Your Competing Skills
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