Competitive Advantages | Page 4

While data is an inhuman science, it can be applied to help leaders be more nimble with their business strategy.

The next time you hear one speaking about 'love' in terms of how colleagues treat one another and work together pay close attention.

Young people are more accustomed to facing a new world each day, so they don't worry about it, and usually actually relish the new adventure.

It takes a lot more than luck to become the next marketing unicorn.

Just because you don't have a huge budget or the resources your counterparts have, doesn't mean you can't end up on top.

Every young company goes through this smack-talking phase, but it's important to make sure to think through where criticisms are coming from and that they really matter.

There has never been a greater need for business owners to rapidly consume new information on various topics.

In a competitive marketplace where it seems everything's been done, it can sometimes be hard to articulate your specific value.

Sometimes, small really is beautiful.

A mortal threat either clarifies the mind or you perish. The rough and tumble of business is similar.

Petty theft, white lies and cut corners are everywhere you look.

We can't avoid the copycats or the subpar lookalikes, but we can be prepared for when they start chasing our success.

A Chicago packaging company shows how commitment to its employees and customers has fueled astronomical growth.

Succeeding in business requires, more than anything, an unflinchingly examination of the market.

Even with resource constraints, smaller companies do have major advantages in developing and rolling out innovative products: They move fast and are not constrained by the processes and bureaucracy that hinder larger companies.

While you'll never bear hug your competition, don't lose perspective of the important role they play in building your business.

Nobody knows better than venture investors the challenges facing a new company. Take a hard look at the prospects for success before placing your bet.

When pricing your product or service, instead of sweating the pennies, look at how you can charge more by offering a better quality experience for your customer.

Making the choice to select substance over splash is critical in building a deep, unique product.

Sometimes it makes sense to merge with your competition. Yael Cohen Braun and Julie Greenbaum didn't always think so, but they do now.

Simplicity is key in any branding strategy. Overthinking and having too many internal considerations can expose your external brand perception as muddy and disjointed.