It’s an important skill which one would do well to spend their entire life developing, that of learning how to put yourself in the best position to benefit from the competitive advantage involved in any situation you’ll find yourself in, because as much as it pains us to have to admit it, life in itself is a constant fight. Think about it – why is fighting for your rights referred to as “fighting” for them when they’re supposedly meant to be handed to you by virtue of being a citizen of the country you were born in?
Why does your lawyer “fight” your case for you in what is blatantly represented as some sort of competition between the state and the accused, the victory of which legal case in either case is celebrated?
This only begs to reinforce what should now be the clear observation that life is a constant fight for survival, so you might as well spend yours honing your fighting skills.
Formulating the right partnerships
There is complete truth in the cliché “No (wo)man is an island” and the sooner you realise this the better for you. If I can make use of an example which may seem like a bit of a stretch, take into account any billionaire of this world. Their resounding financial success is in many respects publically attributed to their own work ethic, brilliance and perhaps even luck, but in what world could they have become a billionaire all on their own? Definitely not in this world.
They need other people to buy from them or to do a bit of business with them in some or other way, some of which people opened the doors to success they since ran through and in many cases without even knowing it. So it’s important to network and build up partnerships with the right people if you want to gain and maintain a competitive advantage, some of which partnerships you’ll naturally have to pay for.
Localisation perhaps builds-on rather nicely from the need to formulate meaningful partnerships in that you gain the type of knowledge which is unique to the specific situation you’ll find yourself having to compete in (albeit by extension). Bringing things back to the legal world representing one of the many areas of one’s life in which the competition aspect is clear, if for example you find yourself in trouble with the law for a drug-related issue in a specific place like Denver, the competitive advantage you’ll be chasing in this instance is that of getting the services of a Drug Defense Laywer in Denver. In other words, you want a professional who is based locally in that specific area so that they can extend to you all the competitive advantages of the local knowledge and expertise they have.
We all make some bad decisions in our lives at one stage or another, so it may not be all too nice to think about things like these, but it’s a very necessary exercise nevertheless.
Identifying competitive advantage tools
Now in each instance while explaining a couple of the steps to take in trying to gain a competitive advantage I made use of very specific examples, i.e. the billionaire and the local lawyer, but if you want to make this ability second nature you have to try and hone the skill in every area of your life. The best way through which to do this is when you’re not under any pressure and you’re not faced with a pressing issue in which your victory is somewhat of an urgent need. Don’t wait until you’re in trouble – start looking for everyday scenarios in which you can practice trying to identify the tools for gaining a competitive advantage.
Whether we like to admit it or not, money is one of those tools so it would perhaps be a matter of trying to figure out what the best way through which to get your money is.
What this also means is that when the money is indeed flowing in abundance, some of it must be set aside to help you hone your skills of developing the tools you’ll use to gain and maintain your competitive advantage, with a good example of this being that of taking your time to seek out those legal firms which perhaps offer legal coverage for a nice, manageable monthly fee in case you get into trouble, as opposed to having to run around like a headless chicken to try and put the money together when you’re faced with a pressing legal issue.