Ending Soon! Save 33% on All Access

How to Deal With Your Competitors The answer is simple: Don't pay attention to them.

By Ivan Misner

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Ivan Misner discusses how to deal with competition in business.

Misner's solution is simple: Don't pay attention to competitors. Success in business is about constantly improving your product or service, team and culture. If you focus on these aspects, you'll improve your position in the marketplace.

Focusing on the fundamentals of your business, keeping up with metrics and constantly sharing your core values as an organization are a few ways that you can improve your business. But whatever you do, don't obsess over what competitors are saying about you. If you keep bettering your own business, you'll have no need to fear your competitors, Misner says.

To learn more, click play.

Watch more videos from Ivan Misner on his YouTube channel here.

Related: A Strong Company Culture Is Key for Long-Term Success

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical and provides partners with distribution on Entrepreneur.com as well as our apps on Amazon Fire, Roku and Apple TV.

Click here to become a part of this growing video network.

Ivan Misner

Entrepreneur Leadership Network® VIP

Bestselling Author

Dr. Ivan Misner is a New York Times bestselling author and co-author of the bestselling book, Networking Like a Pro (Entrepreneur Press 2017). He is also the founder and chief visionary officer of BNI, the world's largest referral marketing and networking organization.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Ivan Misner

What You Can Learn About Business From the Letter 'E'

The Top 5 Mistakes We All Make While Networking

The 4 Types of People You'll Meet When Networking

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Growing a Business

It's Time to Prioritize Regular Performance Reviews — Here's Why Reviews Are Essential for Employee and Company Growth

Regular check-ins, focused discussions about goals and progress and constructive feedback build a thriving work environment.

Business Solutions

This is Your Last Chance to Get Microsoft Office for $25

Lock in a lifetime of access to 2019's Word, Excel, PowerPoint, and more favorites for your business.

Business News

Court Halts Graceland Foreclosure, Elvis' Granddaughter Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.