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Healthy competition starts in your mother’s womb.
“I run my family like a business. I want my family to be profitable.” Grace Ekpenyong.
Keep in mind; profit is subjective. Define yours and work from there.
In his book, Made in America, Sam Walton explains how he visited competitors’ stores, stole their ideas, and used them to improve his business. Today, many of Sam’s competitors are no longer in business, but his Walmart/hometown is known worldwide.
Healthy competition matters for you, your family, and your business.
The Nseabasi Family:
Nseabasi paid her three children to read books during the summer. The youngest child made more money than her two older siblings combined in the first month. In the following months, the two siblings’ reading habits improved, and they made more money than what they made the first month.
Amazon is not the best example, but the company has done one thing right — wake up other retailer companies to provide better customer service.