Thank you! Don't forget to confirm subscription in your email.
I take inspiration from everyone and everything. I'm inspired by current champions, former champions, true competitors, people dedicated to their dream, hard workers, dreamers, believers, achievers.
Although China and United States are competitors, China and the United States are indeed partners in trade.
For example, a breakthrough in better batteries could supplant hydrogen. Better solar cells could replace or win out in this race to the fuel of the future. Those, I see, as the three big competitors: hydrogen, solar cells and then better batteries.
I found out I had a real love for comedy and comedy writing. The logic was, there weren't too many female comedians, so I thought I might as well try a field that had fewer competitors than the field I was in, which was acting, singing and dancing.
Your most dangerous competitors are those that are most like you.
Starbucks goes to a great effort, and pays twice as much for its coffee as its competitors do, and is very careful to help coffee producers in developing countries grow coffee without pesticides and in ways that preserve forest structure.
My second business would have succeeded but for competitors' jealousy. I was selling motorbike gear cheap, but the people I was undercutting complained to the manufacturer and cut off my supply. It showed me how corrupt business can be. When I sold phones, the same thing happened, but this time I was ready.
I realized early on, maybe better than some of my competitors did, that a textile business can run only if you have scale. I decided to horizontally and vertically integrate, adding everything from spinning, dyeing, weaving, and stitching to processing and packing.
I think the rise of China is inevitable, because China has moved from a low-cost producer, at low levels of technology, to higher levels of technology, and because it's very competitive, even in some high-tech products they offer at very competitive rates - much lower than their competitors.
People can be great competitors on Sunday and mates on Monday.