Is your business either a) the best or; b) going to be the best in your industry? Most businesses describe themselves as one or the other. Me too, I used to want to be the best. It’s a nice goal. But is it worth it? Being the best just doesn’t seem to have the same benefits that it used to. Here’s why..
What happens when you become the best? You will have a target on your back. Everyone else will immediately be trying to knock you off the no.1 spot by being faster, better and/or cheaper. And then they will. And the cycle starts all over again. Striving to become the best at anything is an expensive treadmill that never ends.
Instead of trying to be the best, why not focus on being different?
Now I’m not talking about being just a little bit different, I’m talking about a meaningful difference between you and your competitors. Like Ikea is different from every other furniture store and Google is different from every other search engine. I’m talking about being really freaking different!
Becoming different is nearly always much cheaper than becoming the best. It’s also heaps more fun, more memorable and more sustainable.
How different are you from your competitors? Not just different in your eyes, different in your customers eyes.
PPS – Right now I’m fascinated by this concept of being different. Stay tuned I think I’ll have more to say on this..