Faith Driven Entrepreneur

Episode 8 - Competition: Love 'Em, Ignore 'Em, or Crush "Em.

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Sinopsis

Today's Podcast tackles the question of how to think about competition. We know that we want to run the race as if to win it. (1 Corinthians 9:24). But how do we win? What is our heart posture? Do we win at all costs? What are our motives as we compete in the race. We talk about Competition in industries like telecom, where competitors can also be customers. Rusty talks about his time at PepsiCo and how Roger Enrico thought of the new entry of Eagle Snacks from Anheuser Busch. We talk a bit about patent trolling too. We even talk a little bit about what it looks to compete for a job internally. We get at the concept of Abundance versus Scarcity. I think it might be helpful to think about the fact that there are 3 levels of motives and that the ordering is important: Focus on serving our customers. Get the very best out of ourselves. Bring all that we have to work as our meaningful form of worship. Understand what the competition is doing. We don't operate in a vacuum and we need to be wise as a