A Surefire Way to Harm Your Business

Revealing concerns about the competition will do your business more harm than good.

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You can damage your by appearing overly concerned about competitors. Asking and vendors whether and why they do business with other firms may be perceived as a sign of weakness. In the process of pumping customers, vendors and others for , you inevitably reveal your concerns. Be careful not to give away too much proprietary information in the pursuit of knowledge about others.

Excerpted from Grow Your Business

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