23 business competition quotes to outshine your competitors (2025)

23 business competition quotes to outshine your competitors (2025)

23 business competition quotes to outshine your competitors (2025)

December 26, 2024

Business competition quotes to outshine your competitors

Every business owner knows that moment when a new competitor shows up on the radar. While some of us panic, others get fired up, but the smartest players in any industry understand something crucial about competition and that is, that competition pushes us to get better.

Whether you’re facing your first real competitor or battling in a crowded market, these powerful business competition quotes from business leaders who’ve been in the trenches might change how you view your business rivals because sometimes your biggest competition can become your greatest motivation and way for business growth.

23 business competition quotes for extra motivation

Here are some quotes to reflect on in times when you need extra motivation:

  1. “Becoming number one is easier than remaining number one.”  – Bill Bradley
  2. “The time your game is most vulnerable is when you’re ahead. Never let up.”  – Rod Laver
  3. “Companies that solely focus on competition will die. Those that focus on value creation will thrive.”  – Edward de Bono
  4. “Number 1: Cash is king. Number 2: Communicate. Number 3: Buy or bury the competition.”  – Jack Welch
  5. “The only competition worthy of a wise man is with himself.” – Washington Alston
  6. “When you compete against everyone else, no one wants to help you. But when you compete against yourself, everyone wants to help you.” – Simon Sinek
  7. “If you are insecure, guess what? The rest of the world is too. Do not overestimate the competition and underestimate yourself. You are better than you think.” – T. Harv Eker
  8. “Whether it’s Google or Apple or free software, we’ve got some fantastic competitors and it keeps us on our toes.” – Bill Gates
  9. “Without the spur of competition, we’d loaf out our life.” – Arnold Glasow
  10. “It’s good to have high-quality competition; it helps drive research forward at a faster pace.” – Shuji Nakamura
  11. “As soon as I hear the word ‘competition’ I get serious and start doing everything that I can do.” – Maureen McCormick
  12. “Move fast. Speed is one of your main advantages over large competitors.” – Sam Altman
  13. “In business, the race is long, and in the end, it’s only with yourself.” – Unknown
  14. “Competition is not only the basis of protection to the consumer but is the incentive to progress.” – Herbert Hoover
  15. “Don’t just aim to defeat your competitors; aim to make them irrelevant.” – Unknown
  16. “If your competition is doing it, don’t do it. Find a better way.” – Sam Walton
  17. “Competition brings out the best in products and the worst in people.” – David Sarnoff
  18. “Success comes from standing out, not fitting in.” – Don Draper, Mad Men
  19. “Don’t compete with rivals; make them irrelevant.” – W. Chan Kim
  20. “To stay ahead, you must have your next idea waiting in the wings.” – Rosabeth Moss Kanter
  21. “In business, the most successful companies don’t compete, they dominate.” – Peter Thiel
  22. “Focus on your customers, not your competitors. That’s how you truly win.” – Jeff Bezos
  23. “Victory comes from finding opportunities in problems, not just from defeating opponents.” – Unknown

    Conclusion

    So, the next time you spot a new competitor in your market, take a deep breath. Instead of seeing them as a threat, view them as a sign that you’re in a viable market with room for growth. The most successful business leaders have figured out that obsessing over competition wastes energy you could spend making your own business better. Focus on your customers, keep improving your offerings, and let your work speak for itself.

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    How dividends attract investors

    How dividends attract investors

    How dividends attract investors

    December 26, 2024

    The main benefits that make dividents worth considering

    Dividends are a way for startups to attract more investor interest in their operations. However, this tool tends to be overlooked as a selling point when pitching to prospective backers.

    So why do dividends hold such an appeal? Here’s a look at the main benefits that make them worth considering if you’re a founder and want additional investment to fuel growth.

    How dividends impact startup valuation

    Dividends play a key role in shaping investors’ perceptions of a startup’s value. While many startups prioritize reinvesting profits, those offering dividends can signal stability and long-term growth potential.

    Dividends influence valuation by:

    • Showing you have a profitable business model even during early growth stages
    • Demonstrating financial discipline and efficient capital management
    • Attracting income-focused investors looking for steady returns

    Startups paying consistent dividends often stand out in crowded markets. Investors see this as proof that the company is serious about creating value beyond just equity appreciation.

    However, balancing dividend payouts with business expansion is critical. Startups must avoid overcommitting to distributions at the expense of future growth opportunities.

    Smartly integrating dividend policies helps strengthen investor confidence while enhancing overall appeal without compromising flexibility or innovation. A well-thought-out strategy here ensures benefits for both founders and stakeholders alike.

    Understanding dividend yields for better investment decisions

    Dividend yields give investors a clearer picture of potential returns compared to share price. For startups, understanding this metric can improve pitches and shareholder communications.

    Investors evaluate dividend yields by:

    • Comparing payouts against current share prices
    • Assessing the startup’s ability to sustain dividends long-term
    • Identifying attractive income opportunities relative to risk

    Using a dividend yield calculator to showcase realistic figures simplifies investors’ decision-making process. This tool provides transparency, helping stakeholders align expectations with financial realities.

    A healthy yield reflects both profitability and competitive value in your market segment. Startups offering consistent or slightly increasing yields appeal more to income-focused investors without diluting shares heavily.

    However, focusing only on high yields might raise concerns about growth sustainability. Balancing reasonable payout levels with reinvestment ensures steady interest while maintaining room for innovation and scaling operations over time.

    The role of dividends in investor confidence

    Dividends build trust between startups and their investors by showcasing a commitment to sharing success. For many backers, this tangible return serves as a sign of stability. Since over 66% of startups fail to generate any ROI, investors need this reassurance.

    Investors gain confidence through:

    • Receiving consistent payouts that validate the startup’s financial health
    • Seeing founders prioritize shareholder value alongside growth plans
    • Knowing their investment contributes to both long-term appreciation and immediate returns

    Unlike promises tied solely to future expansion, dividends offer real-time rewards for investor loyalty. By aligning company performance with individual benefits, dividends create a sense of partnership.

    Startups paying dividends also tend to attract seasoned investors who appreciate calculated risks supported by measurable outcomes. This credibility boosts funding opportunities without requiring frequent renegotiations or reassurances.

    Ultimately, incorporating dividends thoughtfully strengthens investor relationships while positioning the startup as reliable even during uncertain market conditions.

    Benefits of offering dividends to early shareholders

    Rewarding early shareholders with dividends provides unique advantages. These payouts show gratitude while building a foundation for future investor support.

    Key benefits include:

    • Creating goodwill among those who backed the company during uncertain stages
    • Establishing a precedent for sharing financial success as the business grows
    • Strengthening loyalty, encouraging reinvestment or word-of-mouth referrals

    Dividends also offset some risks taken by initial backers. Unlike later investors, early supporters often face higher uncertainty regarding returns. Payouts acknowledge this commitment and foster long-term relationships.

    For startups planning additional funding rounds, dividend payments reassure new investors about credibility and previous transparency with shareholders.

    Balancing payouts effectively demonstrates respect for current stakeholders without compromising growth ambitions. This approach not only rewards past belief in the startup’s vision but also sets an example of responsible leadership that can attract further investment opportunities.

    Why predictable dividend payouts matter to investors

    Predictable dividend payouts provide stability and clarity for investors. This consistency reassures them about the company’s performance and reliability over time.

    Benefits of predictable payouts include:

    • Helping investors plan their income streams effectively
    • Demonstrating steady financial management by the startup
    • Reducing uncertainty, particularly during volatile market conditions

    When dividends follow a reliable schedule, they foster trust between stakeholders and founders. Regularity shows that the company prioritizes both short-term returns and long-term growth goals.

    Predictability also signals resilience in a startup’s operations. Even if growth slows temporarily, maintaining payout schedules showcases discipline in managing profits.

    Conclusion

    In short, dividends are a strategic tool for attracting investors, strengthening relationships, and demonstrating business stability. Startups that thoughtfully incorporate dividends into their plans are committed to shared success.

    Balancing these payments with growth strategies is essential. Maintaining consistency and transparency means startups can foster trust among shareholders while still focusing on expansion. With the right approach, dividends help create lasting partnerships that drive investor confidence and long-term value creation.

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    4 key factors in determining salary increases for employees

    4 key factors in determining salary increases for employees

    4 key factors in determining salary increases for employees

    December 25, 2024

    Determining salary increases for employees

    Pay raise is a challenging topic to bring up with your boss, there’s no two ways about it. If you are about to knock on their door, there are some basic factors in determining pay raise which you should be aware of.

    I recommend to my employees at VerriBerri that throughout the financial year, they create a spreadsheet of achievements or accomplishments that they are proud of. Within any business, your manager can’t have eyes on everything that you do, which is why it’s important to highlight to your boss something which you’re proud of. 

    When approaching your boss to ask for pay raise, consider the following criteria for salary increase, because they most certainly are.

    Performance is the first thing to look at when discussing pay raise

    How have you performed throughout the year? What are you proud of? Can you genuinely say you’ve made a difference to your company? These are all questions to ask yourself before asking a pay raise.

    Performance is so important as it highlights multiple values about yourself. It shows how much you care about your job; how driven you are and your attitude towards career progression. After running my business for over ten years now, I always look at how my team has performed, whether that’s the number of PR leads they’ve generated or their general attitude towards work. 

    It’s important to recognize that performance doesn’t solely mean the money or profit you’ve generated for your employer. It might be that you’ve stayed an extra half an hour on occasions, demonstrating the dedication you have towards your work, or the fact you’re always willing to help your colleagues out when possible.

    Without good attitude and work ethic, there’s no pay raise

    Your attitude and work ethic are also key factors when determining pay raise. Your attitude is a form of expression of yourself, and it’s important to try and remain positive in the workplace. If an employee goes into work with the wrong outlook and remains negative for the most part of their week, it’s likely to affect not only how they interact with their colleagues but their standard of work.

    When I’m recruiting, I examine the interviewee’s personality and general attitude. For example, gauging a positive response to a particularly tricky scenario I may put to them or assessing their enthusiasm toward more menial tasks they may have to carry out. It’s easy to see who will fit the dynamic of our team.

    Being a team player is one of the criteria for salary increase

    Whilst being a team player is crucial when creating a positive and friendly atmosphere, it’s also an important factor to see, as an MD. It indicates those with natural leadership skills, those who are good at boosting team morale and therefore those that may be eligible for more responsibility, pay rise or promotion.

    Going above and beyond isn’t something in your job description, it’s a choice. It’s a choice you make off your own back which signifies the passion you have for working for the business. While it’s not something you might recognise as a personal achievement, more a personality trait, as an MD, it is something I would recognise and take note of.

    Employees who are proactive have better chances for a pay raise

    It’s important to highlight the fact that how I would determine my employees being worthy of a pay rise, may not be other MD’s definitions. Equally, team members may also have their own contributing factors as to why they feel a raise is warranted.

    There are few encouraging things you can do that might aid in a positive outcome:

    Putting yourself forward

    Coming out of your comfort zone can be daunting, but every once in a while, it can boost your confidence to take on something new or at least demonstrate within your work setting that you are willing to. This proactiveness and readiness is more likely to be noticed by senior management and ultimately result in a pay raise. Basically, it shows you have a want to develop the skillset and become an increasingly valuable member of the team.

    Assess how you’re viewed within the company

    In a business, as MD, my opinion is not the only one that matters. Who I promote and give more responsibility to has to be selected carefully so that it benefits the dynamic and growth of the team. Team members that are selected for pay rise or more responsibility tend to be those that encourage others and build strong and solid relationships with both clients and staff.

    As an employee, being aware of your interpersonal skills and how you are viewed and valued by your other team members is a good indication that you are the right fit or ready for promotion or pay rise.

    Recognising the bigger picture

    Opportunity for a pay rise can be affected by external factors that are totally out of a business owner’s control. A company may have planned for particular pay rises one year but when a recession hits, for example, finances may not be as readily accessible.

    For employee’s looking for a raise, it’s all in the timing. Be aware of the current climate and other external factors that may mean a conversation about pay could be less productive.

    Conclusion

    Working hard for success is crucial, whether that comes down to taking the leap into trying something new or being there ready to help someone out in the team if you can. Everyone deserves to be recognized for their successes and hard work. So don’t be afraid to ask for a pay raise if you’re feeling undervalued or for that matter, underpaid.

    Sarah Kauter, Founder of VerriBerri

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    Netflix game-changing pivot

    Netflix game-changing pivot

    Netflix game-changing pivot

    December 24, 2024

    Netflix changed entertainment forever, moving from DVD rentals to global streaming.

    Remember Blockbuster? Back in the late 1990s, Netflix started out shipping DVDs by mail, going head-to-head with video rental stores. But while others stuck to their old ways, Netflix saw the digital future coming. Their bold move into streaming didn’t just change their business, it completely flipped how we watch TV and movies.

    Now they’re a global entertainment giant, reaching viewers across world, including those in New Zealand, where streaming has become as normal as turning on the TV.

    The strategic shift to streaming

    Netflix’s move to streaming was driven by an understanding of changing consumer behaviors. The rise of high-speed internet and increasing dissatisfaction with late fees in traditional rental models created the perfect environment for innovation. By introducing a subscription-based model with unlimited streaming, Netflix offered a convenience that resonated deeply with audiences. The decision to pivot was not without risk, but Netflix’s leadership, under Reed Hastings and Marc Randolph, proved visionary.

    The company’s early investment in proprietary algorithms to recommend content further distinguished it from competitors. Netflix’s data-driven approach turned viewer preferences into actionable insights, ensuring its catalog resonated with users. This model of personalization quickly became one of its strongest assets, keeping subscribers engaged and reducing churn rates.

    The content creation revolution

    A turning point came in 2013 when Netflix debuted its first original series, House of Cards. The success of this show marked the beginning of Netflix’s evolution from a content distributor to a content creator. The ability to produce exclusive, high-quality programming gave Netflix a competitive edge and helped establish its reputation as a leader in storytelling. Hits like Stranger Things, The Crown, and Squid Game followed, drawing millions of viewers and cementing the platform’s global appeal.

    Original programming also allowed Netflix to gain independence from studios and distributors, reducing its reliance on licensed content. However, this strategy came with challenges, particularly skyrocketing content creation costs. The race to produce blockbuster shows and films has led to billion-dollar budgets, putting pressure on Netflix’s profitability.

    Challenges in a crowded market

    Despite its dominance, Netflix now faces intense competition from established players like Disney+, Amazon Prime Video, and HBO Max, as well as new entrants in the streaming market. Each competitor brings unique advantages: Disney’s extensive library of beloved franchises, Amazon’s bundling with Prime memberships, and HBO’s reputation for premium storytelling. This saturation has made subscriber retention more challenging, forcing Netflix to continuously innovate to maintain its edge.

    Content costs are another significant hurdle. The demand for fresh, exclusive programming has led to a content arms race, with Netflix spending over $17 billion annually on production. While this investment fuels its global reach, it also raises questions about sustainability.

    Additionally, Netflix’s global expansion strategy has encountered mixed results. In established markets like the United States, subscriber growth has slowed, pushing the company to focus on untapped regions. In countries like India, however, competition and pricing challenges have made it difficult to replicate the success seen elsewhere.

    Staying relevant

    To remain on top, Netflix is leveraging its brand recognition, vast content library, and data analytics. Features like mobile-only plans and localized content aim to attract and retain subscribers in emerging markets. Shows and movies tailored to regional tastes, such as Money Heist or Sacred Games, demonstrate Netflix’s commitment to catering to diverse audiences.

    Netflix is also exploring new revenue streams, including the introduction of ad-supported tiers. While a departure from its traditional model, this strategy aims to make the platform more accessible while generating additional income.

    Technological innovation continues to be a cornerstone of Netflix’s strategy. The company is experimenting with interactive content, such as Black Mirror: Bandersnatch, and gaming, signaling its intent to diversify beyond traditional streaming.

    The road ahead

    Netflix’s journey is a testament to the power of adaptation and innovation. Its ability to anticipate and respond to industry shifts has kept it ahead of the curve, but the challenges of rising costs, fierce competition, and evolving viewer expectations cannot be ignored. To secure its position as the streaming leader, Netflix must continue to balance creative risk-taking with financial discipline, all while staying attuned to its global audience.

    For viewers, whether binge-watching the latest hit or discovering hidden gems, Netflix’s story reflects the broader evolution of entertainment itself. In places like New Zealand, where streaming has become a staple of modern life, the company’s influence is a reminder of how rapidly technology can reshape our cultural world. Platforms like New Zealand Daily provide insight into how these changes impact local and global audiences, keeping us informed about the trends.

    Conclusion

    If Netflix’s history teaches us anything, it’s that they thrive on disruption. Whether they’ll keep their crown in tomorrow’s entertainment world depends on their ability to spot the next big shift before anyone else does. After all, in the streaming world they helped create, standing still is the fastest way to fall behind.

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    10 poor leadership qualities you should stay away from

    10 poor leadership qualities you should stay away from

    10 poor leadership qualities you should stay away from

    December 20, 2024

    Poor leadership qualities you should stay away from<br />

    Bosses and managers with poor leadership qualities are very common. After all, not everyone is born with all the traits a good leader should possess

    But what differentiates bad from a good leader? A good leader is one that constantly questions, reflects and self-evaluates with one goal in mind, to serve their team in the best way possible. Poor managers, on the other hand, can be swiftly recognised by these bad-boss signs

    If you’re in a leadership role, being aware of the bad leadership qualities can help you recognize some of them in yourself. Because there is always room for improvement and if you diligently work to eliminate your poor leadership qualities, in due time you’ll be a better leader for your subordinates. The journey to becoming a better leader starts with honest self-reflection and a willingness to change remember, even the best leaders today started somewhere, often making the same mistakes you might be making right now.

    10 most common poor leadership qualities

    Unfortunately, bad leadership qualities are very common in the business world. This often happens due to people being promoted to roles that they cannot fulfill. Or because a business owner can’t understand that being the owner doesn’t make you a quality leader by default.

    The following are the most common poor leadership qualities you should not adopt if you want to become a good leader. 

    Poor communication skills

    Poor communication skills are one of the first poor leadership qualities to watch out for. Bad communication can destroy an organisation and the relationships among its people, and the number of issues that can emerge are endless. It can create misunderstandings, bottlenecks, failures and dissatisfied customers and employees. I

    f a leader cannot effectively communicate the company’s goals, vision and strategy, the company will never achieve its mission and will miserably fail. Good written and verbal communication is a must for any leader. 

    No adaptability

    It is no longer possible for one management style to fit with every situation or person. Adopting a non-adaptable and inflexible style is a typical poor leadership quality. Authoritarian bossing around is no longer welcomed and accepted by the employees and it also limits the company’s ability to progress and evolve. 

    A good leader must understand how and when to adapt their management style. Being flexible is no longer an option, rather it’s a must if you want to create a successful company. 

    Micromanagement

    Micromanagement is up there among the worst poor leadership qualities. It is a highly inflexible approach and never delivers results to be proud of. Leaders that tend to micromanage their employees are doomed to failure as this doesn’t work in the long term. With micromanagement, you are essentially limiting the growth of your team. 

    It is rather much more beneficial to give your employees ownership of their processes and projects. With little guidance, you can make it clear to them what the goals are and why are these important. This will challenge the employee and motivate them to outperform their past efforts and improve their skills. By eliminating micromanagement you’re opening the door to growth and evolution

    Avoiding conflict

    This is one of the bad leadership qualities as it leads to conflicts and serious situations to emerge in the company. Avoiding conflict merely postpones the inevitable and leaves room for issues to escalate. If there is conflict within your team or even departments, a good leader deals with it straight away. They know that it is impossible to please everyone and are comfortable with making hard decisions, as it is a crucial part of their role as a leader. 

    A know-it-all attitude

    No one can know it all, this attitude is yet another of the poor leadership qualities we must strive to eliminate. A good leader should accept that they cannot know everything and be open to find the right people for the right situation or project. It’s a poor leader’s quality to act as if they are the smartest person in the room or act as if they are always right. 

    Moreover, this type of attitude demoralizes employees and leads to business failure. Good leaders know that they cannot do everything themselves and are open to asking for advice and opinions. They know the advantage that comes from having a large talent pool and rely on the knowledge of other people. 

    Lack of ambition and vision

    Lacking the ability to think forward is a bad leadership quality a good leader cannot afford to have. This signals that the leader is happy with the status quo and shows that the company is lacking the ambition to achieve a vision and other more challenging goals. 

    This poor leadership quality is the one that stops progress and makes the company stagnate. When growth and progress stop, the future is clear, it only goes downwards from thereon.

    In contrast, a good leader would be forward-thinking and always ready for change and improvement. A good leader acknowledges that innovation and constant evolution is the way to achieve even higher successes and inspire employees. 

    Lacking customer focus

    The lack of customer focus can sink a business. If a leader doesn’t acknowledge their customer and what their needs are then it is highly likely that the company will quickly fall behind their competitors that do that. Thus a good leader must be customer-focused, know who they are serving, what they need and how to fulfil their needs. Remember, the customer is king and you must always strive to deliver the best experience in order to gain high customer satisfaction. 

    No accountability

    Bad leaders embody one of the poorest leadership qualities and that is lack of accountability or ownership. Good leaders understand the value of taking responsibility for their actions. They don’t blame others and don’t claim credit for the team’s success and achievements. 

    Great leaders show accountability to their teams. This is a noble quality that makes leaders human and shows their confidence and strength. If a leader is not accountable to their team, then they risk losing the trust and confidence of their people. This is one of the worst outcomes a company may have as it threatens to destroy its entire mission and achievements. 

    No sense of priority or focus

    Lacking focus is another example of bad leadership. A leader who is missing focus and sense of prioritization will fail to adequately allocate resources in an effort to achieve the company’s goals. These leaders fail their team and their company. Companies led by such leaders face a high risk of failure as there is no clear focus and intention to achieve the company’s goals. 

    Good leaders must constantly double-check that the decisions they are making correlate and are aligned with the goals in order to effectively achieve the company’s goals. They know when and how to prioritize depending on the current situation of their organization. 

    Inability to create a company culture

    Companies with a clearly set company culture are able to empower and uplift their teams. If you’re striving to become a good leader you must not fall victim to this poor leadership quality. A good leader will recognize the value of the right company culture and will seek ways to support it. 

    By developing the right culture for your organization you can easily focus your efforts on recruiting talent that will be in sync with your culture. Be careful who you hire as that is the first step in disrupting the harmony of your company culture. Good leaders create their company culture by design and poor leaders let it create itself. Having control over the culture inevitably helps you control the atmosphere and work environment. 

    Conclusion

    Bad leadership qualities threaten the success of a manager, their team and the company. In order to be successful in their role as a leader, managers need to adopt a flexible management style, open and honest communication, clear vision and focus, support the company culture, and stop micromanaging. 

    It is not easy to eliminate all the poor leadership qualities we mentioned above, especially not all at once. So our advice is to constantly evaluate yourself and identify ways you can improve your leadership style. By tackling each of these bad qualities one by one you are sure to achieve progress and growth. 

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