So you’ve just launched a new product or service. You want to give the competing companies in your industry a run, or at least keep pace with them. Sounds good, right? Wrong. Competition is for sissies, says sales expert Grant Cardone. “I know the concept. If you’re a good competitor, and I’m a competitor, and you run faster then supposedly I’ll run faster. But if you’re dependent on someone running faster, doing more, creating more quality — if you’re dependent on what somebody else does then you’re in trouble,” Cardone says. Instead of always competing, the idea, Cardone says, is to get out ahead and dominate your space right from the start. Control it. “You can’t create anything great looking at what other people are doing,” he says. “You need to get your thing and dominate.” For more of Cardone’s thoughts on competing, watch the short video.
Source: Entrepreneur
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.