Everyone in business has competition. Who you believe your competition is may actually be wrong. My experience with my coaching clients has shown me some competitors that most people don't realize are there. That’s the topic for today’s article.
Who is Your Real Competition?
Would it surprise you to know that your competition is not other people? I am betting that if I told you that your competition involves 9 things you can change, you’d be surprised.
So let’s discuss your competition.
Your Procrastination is Your Competition
Procrastination is one of the things you are competing with. It causes severe stress and that lowers your productivity.
Procrastination also causes friction between you and your people. It is a problem because if you procrastinate on things your employees need you to complete in order to do their own job, that brings negative friction to your relationship.
Procrastination is caused by overwhelm. If a project seems really daunting, one reaction is to just delay it. Rather than procrastinate, take steps to make the project less daunting. Break things down into smaller pieces. Turn to baby steps in this situation.
I am a huge proponent of the Getting Things Done method of time management and it fixes procrastination because of baby steps. Think of a project as anything that requires more than two steps to complete. Those steps are actions. By defining all the actions you need to take in order to complete a project, you can make it feel more doable. Focus only on the next action rather than the entire list of actions. Do this continuously and you will say goodbye to procrastination as competition.
Your Ego is Your Competition
Ego is something that should always stay out of business transactions. Ego has a way of causing massive friction in every business transaction where it exists. Do you have a huge ego? Are you someone with a very high opinion of yourself? If the answer is yes, it is time to check your ego. It is creating unnecessary competition for you.
Some people think the reason human beings have an ego is to make them more competitive. Ego itself is actually an inflated feeling of pride. This is a bad thing when trying to conduct business. It will cause you to make bad decisions because you aren’t anchored in reality. Get your ego under control and eliminate another area of competition.
Your Unhealthy Diet is Your Competition
In order to perform at high levels, entrepreneurs need to eat a healthy diet. A healthy diet promotes better work results. When you don’t eat a healthy diet, your performance suffers. You find yourself tired at odd times during the day. You can’t focus or concentrate as well. If you are eating an unhealthy diet and causing competition for yourself, now is the time to change that.
Everything in your body is connected in some way. Energy is transported by the blood flowing through your body. The things you eat determines what enters your bloodstream. Your brain function is directly affected. When it’s healthy, you’re focused. The opposite happens for unhealthy eaters.
The majority of foods are broken down into glucose after they enter the body. Glucose is your blood sugar, the fuel that allows you to perform everyday actions. It gives you the energy to accomplish physical tasks and keeps your brain alert and focused.
The way we eat determines how much glucose flows through our blood, providing energy for the brain and body. Different foods produce a different amount of glucose in your bloodstream. Too much or too little glucose will leave you unfocused, with poor energy levels, and low brain performance.
Failing to Actively Work on Personal Development is Your Competition
Personal development involves improving one’s skills through reading, doing tutorials, learning new things, etc. Improving your skills makes you more competitive. Failing to improve your skills suddenly makes personal development your competition. Take the time to learn new things. Always be upgrading your skills. Don’t create unnecessary competition for yourself.
Lack of Discipline is Your Competition
Discipline is what gives us the ability to get things done. It helps us focus and create new things. Discipline, when it is lacking, suddenly creates competition you just don’t need. The lack of discipline forces you to spend more time to get the same amount of work done. Don’t let that happen to you. Make sure to stay disciplined.
Your Distractions are Your Competition
When you allow things to distract you, they are actually competing for your time. We only have so much time in a day. When we waste time we never get it back. Don’t let distractions be your competition. Focus! When you are working on a particular item, don’t get drawn away from it.
You can use headphones to help you stay focused and avoid distractions. If you are like me, people walking by is enough to distract you. I fixed this with headphones and so can you!
Your Bad Habits are Your Competition
Bad habits are something we all have. Like personal development, we should be actively working on fixing our bad habits. When we eliminate our bad habits, we start to eliminate one form of competition.
Your Negative Behavior is Your Competition
When you have a litany of bad behavior, it is bound to affect your business. Your clients may actually pull away from working with you because of your bad behavior. Why would you want to compete with yourself in that way? Work on those negative behavior issues so that you reduce your competition.
Your Self-doubt is Your Competition
Self-doubt is one of the most destructive things we face as human beings. It creates problems you will have difficulty overcoming. It is important to believe in yourself. That belief drives you to bigger successes. It helps you reduce the competition you are facing.
Realizing the Problem Helps You Solve the Problem
My closing thoughts are simple. Just like an addict has to admit they have a problem before they can fix the problem, realizing you have been creating your own competition is what has to happen before you can fix the issue. Don’t be in denial about the competition you are creating for yourself.
I know this is a very different way to look at competition, but it is real. These 9 things cause you major headaches…more than you would find with other humans or other businesses. Sit down and decide if any of these are affecting you and then work on fixing them.
Your Virtual CTO offers the Technology Accelerator Coaching Program that can help you attack the personal competition head-on. Our coaching program is unique in that it encompasses everything about you and your business, including your technology. If you’re interested in learning more, please complete the form below.