Paul Graham from the start up incubator Y combinator regularly tells startups that “most businesses die by suicide rather than homicide.”
What he means by this is that when a business fail it’s unlikely to be due to competitors and competitive forces but rather decisions that entrepreneurs make within them.
As a small business owner your have much more control over your own destiny than a competitor of any size will.
So focus less (ideally not at all) on the moves your competitors are making and look only what what is going on in your business.
Get the weekly email straight to your inbox