Competition and cooperation are two different things that are closely related to each other. Confusing?
In today’s world, there’s competition everywhere. If there’s no cooperation, competition will be unhealthy, and unhealthy competition won’t make you progress. Read more to find out the relationship between competition and cooperation plus how your business will benefit.
What Does the Term “Competition” and “Cooperation” Mean?
Competition in the negative sense means defeating someone or a business by establishing superiority. It is a dissociative process and doesn’t create a win-win situation.
Cooperation refers to working together toward achieving a common goal. It creates a win-win situation. When all businesses cooperate and work together, they can also benefit society.
How Are Competition and Cooperation Interlinked?
Imagine 1000 business owners all competing to be the best. Every one of them does whatever it takes to be on top.
They lie, steal, cheat, or discredit their competitors if they hit their goals. Nothing will stand in their way of winning!
They work until they become the best. They will put off their health, family, environment, and anything else that stands in their way to be on top.
They will rationalize whatever they do because it’s important to beat their competition. They will gossip and attack the character of other companies and individuals if it suits their needs. Their mindset is focused on destroying anyone or anything that gets in their way.
Can you relate to this? Do you know business owners who operate in such a way? You probably will know!
Now imagine the new way of doing business — with cooperation. Imagine 1000 conscious business owners all working together and trusting each other.
They know there is enough for everyone. They are in service to families, communities, and the world. They look for ways to support their brothers and sisters daily in their business and personal lives.
They are open to growing, learning, and evolving. They are passionate about making a difference in the world. They are ready and willing to do what it takes to relieve the suffering of others and give them a hand.
I hope you have understood how competition and cooperation are interlinked.
Striking The Proper Balance
Striking the proper balance between competition and cooperation is necessary to succeed in business. If you are too competitive, you will be selfish and won’t bother defaming or degrading others. If you are too cooperative, you will heavily rely on others for growing your business.
The proper balance between competition and cooperation is that you should put in the effort to grow your business while helping others who try to do the same.
If you want to succeed in your business, it’s necessary to strike the proper balance between competition and cooperation. You shouldn’t defame your competitors solely to establish superiority over them. Help each other and work smartly, and you will see yourself grow along with others.
If you have started a business and have trouble growing it, book a coaching session with Ken D Foster. Ken can help you realise your full potential and accelerate your pace of success.