Compete business - Kara Lambert

In business, do you compete with all the others or do you stand alone and do your thing? When times are lean do you console your colleagues saying how you’re finding things tough or do you stand alone and do your thing?

The other day while on my morning walk, I noticed that only a certain type of wattle was in bloom. It was beautiful – bright yellow against a sea of green. It’s Winter in Australia and there really aren’t too many other native flowers in bloom at this time. That said, there are still native bees and native birds looking for food and that’s when I had a thought about the wattle. It’s smart.

Come Spring and Summer, the Australian landscape will be awash with colour. If there are late rains there will be even more blooms around. That doesn’t bother the Wattle. By Summer time, the wattle’s seed will be ready to fall, some may have germinated, and it will be saving up its energy for Winter when all the other plants will be dormant. It’s not bothered by the other trees and shrubs in bloom. It’s not competing with them, in fact it’s ahead of the other plants in their cycles.

That made me think about what I had heard with other business owners.
“It’s end of financial year, no one has any money.”
“It’s holiday season here in Europe/US no one is around.”
These were tales of lack and woe. I’m not saying I’m immune. I lose clients each year in the lead up to the end of financial year. It used to bother me, now I realise that there are always better opportunities about to come by.

 

So when business quietens down, what to do? Do you do as the other businesses do and sing a tale of woe? Or do you do your own thing and bloom?

I know what I do, I learnt it many years ago now. In my last business, I spent far too much energy looking over my shoulder watching what my competitors were up to. I’d be angry when they copied or went straight to my big clients. I was forever feeling anxious.

The one day it stopped.

I decided enough was enough. Time to stand alone and bloom like the wattle. I decided to forget what they were up to and play my own game and concentrate on my own clients. That’s right, I even stopped worrying about the ones who walked. Why? Because the ones who stay are the ones who deserve my time and energy.

So, when you find that other businesses are feeling the pinch and times seem lean, do you join their tales of woe and shut down or do you stand firm like the wattle and bloom in the knowledge that when the weather fines you will be ahead of them?

 

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