Barrier to Competition
This is a preview of a concept contained in The Personal MBA by Josh Kaufman, a book that will help you master the fundamentals of business, hone your business instincts, and save a fortune in tuition. The Personal MBA distills the most powerful principles of business and delivers them quickly and concisely. Order your copy now…
What is a “Barrier to Competition”?
“Don’t compete with rivals – make them irrelevant.” — W. Chan Kim, Blue Ocean Strategy
Key Points:
- Don’t focus on competing, focus on delivering more value. Build a Barrier so your competition can’t keep up.
- The more time you spend looking at the competition, the less time you have to build your business.
- Every improvement you make to your Value Stream, makes it harder for your competition to follow.
Questions for Consideration:
- Are you worrying too much about what your competition is doing?
- What would happen if you stopped competing and focused that energy on delivering even more value instead?
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True leaders aren’t made by business schools – they make themselves, seeking out the knowledge, skills, and experiences they need to succeed. Read this book and you will learn in one week the principles it takes most business professionals a lifetime to master. Buy The Personal MBA by Josh Kaufman now.
