Be your own competition #GreatMinds

As an entrepreneur, you must do a comprehensive analysis of the activities of your competition. This should be an ongoing business objective for your enterprise. You can develop a better connection with your customers and enjoy their loyalty only if you understand where your products rank in the marketplace. This will also help you build a competitive advantage and consequently improve your sales revenue.

Here’s what Bill Gates, an American business magnate, software developer, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

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