Hey, this is Frank publisher of Retired Writer’s Club, our secret email list that goes out to business owners just like you who understand the only legitimate goal of business is to make money.
In today’s topic. I want to talk about letting your competitors make their own mistakes, right? Um, it’s not our job to help them.
I mean, we don’t want them to die, right. Or get blown up, you know, because they left the gas on.
But if you see a competitor in your industry or niche make a mistake, you know, I’m walking on by, right. That’s his or her decision.
And I’m actually watching it right now in my industry. I’m shocked that this guy is making this mistake.
It’s going to bite him. He’s very smart. He’s kind of ring-fenced one side of his business so he won’t get totally destroyed, but he’s going to lose a couple of years and a couple of million dollars going down the wrong road with the wrong partner.
I’ve seen it before. It’s just inevitable, right? Again, we don’t wish harm on people. This guy’s not a bad person.
But if you see it happening, you know, double down on the good things that you’re doing, right? Because your competitor is distracted or not paying attention.
That’s your opportunity to go in, get greater market share, raise your prices, make more profit, have more fun, right?
Because when someone makes a mistake, a lot of their energy gets sucked out.
Our goal in business is to extract wealth from the marketplace. So we have competitors, you know, people who sell the same thing to the same group of people. And again, we don’t wish people harm, but if they make a mistake and we can benefit, that’s the way it rolls. Right?
If you would like to find out more click below, so you can be in a position to take advantage of when your competitors make mistakes.