📺 Stream EntrepreneurTV for Free 📺

Competition Is for Sissies Your goal is to dominate. Leave endless competition to those who want to play games.

By Grant Cardone Edited by Dan Bova

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

People say competition is good. That is either a flat out lie or just dumb. Competition is for sissies. The goal is ultimately to dominate.

People make the mistake of getting too caught up in competing with the wrong players. They are too busy looking at the person at the desk beside them instead of the top three players in the industry. Look, when you are competing just to compete you are putting yourself in the same category as the other competitors. You are too focused on what others are doing and end up doing the same thing the same way.

Related: 5 Entrepreneurs Who Embrace, and Dominate, Risk

Competition compromises creativity. The creative edge always belongs to the person who seeks to do whatever it takes to dominate.

Look at sports. There are thousands of professional players and then there are the big names -- Jordan, Lebron, Jeter, Montana, Ali. Get it? The other players were obviously talented enough to get a contract but few of them became legends. The greatest players do whatever it took to break ahead. They become known as "the dominating force."

Competition is a waste without the goal of being the best. Dominators set the pace. They are the ones being chased, not doing the chasing.

When you get too good at whatever it is you are doing, you find yourself content and satisfied. It's easy to slide into being comfortable, ditch the "whatever it takes' mindset and ease up. That is not the way to greatness. In fact, it's dangerous. When you master one thing, it's time to start up on another. I spent the last 25 years working hard to become known for being a great salesperson but where would I be if I just stopped at that one thing? What if I passed on investing in real estate and trying to dominate at that? What if I decided against writing books? All of these new challenges pushed me to get uncomfortable so I can dominate.

Related: To Beat the Competition, You Need to Kick Butt at Hiring

So how can you start to dominate instead of just competing? These steps should get you on the path to domination.

1. Decide that you are going to be the best and say it! "I'm Grant Cardone and I will be known for being the greatest salesperson of all time."

2. Study the greats. Get your hands on everything you can to help you get that edge over the people who aren't reading books, listening to MP3's, going to seminars and lectures.

3. Don't compare yourself to others. Stay focused on your unique offering to the marketplace that sets you apart from everyone else.

4. Market yourself as the go-to expert in your space. Promote yourself and help others as much as possible.

5. Do whatever it takes to get out in front of everyone else.

Eventually, you'll get some critics. That's when you know you're about to break out in front. Eventually, you'll be way ahead and the people you left in the dust will admire you. Always remember, competition is for sissies. Dominate. Don't compete.

Be great. Nothing else pays. And be willing to do whatever it takes.

Related: Lessons From Successful Entrepreneurs on How to Beat the Competition

Grant Cardone

International Sales Expert & $1.78B Real Estate Fund Manager

Grant Cardone is an internationally-renowned speaker on sales, leadership, real-estate investing, entrepreneurship and finance whose five privately held companies have annual revenues exceeding $300 million.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Science & Technology

Brand New GPT-4o Revealed: 3 Mind Blowing Updates and 3 Unexpected Challenges for Entrepreneurs

Unveiling OpenAI's GPT-4.0: The latest AI with vision, auditory, and emotional intelligence abilities is revolutionizing industries. How will it affect your business?

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Business Culture

Hybrid Work Is Failing Your Employees — Here's Why (and What You Can Do About It)

Business leaders are trying to choose between in-person and remote work. This leads to hybrid, which just isn't effective. Here's why.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.