F*ck Your Competitors and Focus on You, with Andy Frisella - MFCEO166
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Summary
In this episode of the Mf ceo Project, I talk about how to stand the ground against the goliath of your industry and why it s important to be a leader in your industry. I answer a question from a guy on insta, who asked me a question about how do you stand up against the industry leaders? Should you be flattered that industry leaders are following our steps in social media and online marketing or should you be weary that they are going to crush us?
Transcript
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what is up guys you're listening to the mf ceo project i'm andy i'm your host and i am the
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motherfucking ceo guys today is thursday thunder but before i get into what i want to talk about
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we do have our itunes review contest still going we're going to announce the winner tuesday um
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wait tuesday or next thursday one of the two i'm not sure but anyway we're announcing the
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winner soon so if you haven't gone on itunes and left a review if you haven't subscribed to the
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podcast realize we have the contest going on where we're going to pick five winners do a 20 30 minute
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skype with myself where you can ask me whatever you want we can talk about whatever you want and
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help get you on track all right thursday thunder now a lot of you guys think we have these planned
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out and that we are so organized and have these awesome plans all the time but the reality of how
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this really works is we sit here tyler comes and gets me and he says hey it's time to record thursday
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thunder and i say okay and we walk in the room and we look at each other and we say what are we going
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to talk about and that's how it goes there's no script there's no planning it's just let's find a
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topic let's let's unravel it let's try to provide some real value and some real insight on the situation
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today i did something a little bit different today i thought i would go ahead and ask um
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some of the followers on my instagram to go ahead and ask me some questions that they wanted answered
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uh in one of the posts i made on instagram and the response was pretty good so that's what i'm
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going to do today i'm actually going to pick uh i pick one person i'm going to answer their question
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and dive into the topic and why it's important and and the guy that asked this question um his name
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on instagram is m i uh mad madri ceo it's m-a-d-r-i-c-e-o uh he asked me three different
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questions he's definitely very very uh enthusiastic about getting an answer and i'm going to read them
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all to you first because they're all going to have similar answers so his first question was how do you
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stand the ground against the goliath of your industry all right and then his second question um
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literally one minute later was should we be flattered that industry leaders are following
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our steps in social media and online marketing or should we be weary that they're going to crush us
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third it says should we wait and get business open with a bang and sort of pull a trojan horse
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on the industry leaders slash competitors or should we tease our clientele into what's coming
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to create a buzz and risk industry leaders reacting to our coming all right i'm gonna answer
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this in depth here all right fuck your competitors why are you worried so much about your competitors
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my bet is the quality of your product fucking sucks because you're worried all about what the other
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motherfuckers are doing and if that offends you it fucking should let me tell you something you know
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how you get good at business you worry about your own fucking shit you know how you get good at your
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job you worry about your own fucking shit you know how you get in good shape you don't worry about how
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many reps the other motherfucker in the gym is doing you worry about how many reps you're fucking doing
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okay and far too many of you and this doesn't go just for the guy that asked the question
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far too many of you worry way too much about other people and not enough about your fucking selves
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all right if you're gonna run a business do you think i sit in the fucking back room of our business
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and talk to my key guys about what everybody else is doing no i don't fucking care i don't care what
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anybody else is doing i care what we're doing i care if we're making the calls i care if we're
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providing value i care if we're making the best products i care if we're taking care of our customers
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the best way possible i care if we're making people become loyal to our brand i care if we're making the
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proper connections in our industry i don't give a fuck if anybody else is doing that i care if we're
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doing that and you know what that's how you become a leader that's how you become the industry leader
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because you're not following anybody else's lead you're innovating a unique path of your own
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is it good to look at somebody else what they're doing and say oh you know what i acknowledge that guy
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because he's doing a good job and i'm gonna do i'm gonna take what he's doing and do better
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hell yeah but to sit here and and try to create your whole strategy of business around what somebody
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else is doing is a way you fucking fail and so many of you guys do that you come home you gotta you
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you've got a job you work with fucking bob and you come home and he bitched to your wife and you said
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oh fucking bob bob fucking did this and this and this and you know do you think he's like out to get
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me for you why do you think he's working so hard why do you think he's doing chances are bob
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doesn't give a fuck about you the reason bob's getting paid more than you and doing a better job
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is because bob worries about fucking bob all right you guys and this goes for anybody working a job
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building a career building a fucking company it doesn't matter when you spend your energy focusing
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on what other people are doing instead of executing on your own opportunities you are setting yourself up
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to fucking fail time and time and time again and this goes against what society is right society is
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all about gossip it's all about talk it's all about who's doing what and it's never about worrying about
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what you're doing go to a fucking bar what's everybody talk about oh what their company's doing
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what their boss is doing what their co-workers are doing what their aunt's doing what their mom's doing
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what their dad's doing nobody fucking cares and it doesn't fucking matter that's why you don't see
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successful people hanging out with people like that because they worry about their own shit they worry
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about their own actions they worry about what they execute on and they worry about how they can get
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better at it and that is how you build a company you don't strategically worry about every little chess
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move you're gonna make your fucking competitors probably don't even fucking know you exist yet
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if they're following you on social cool they're probably just trying to be aware of what you're
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doing they don't they can't stop you from doing what you're doing okay you you guys fucking worry
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about the end game before you even took the first fucking step how about being relevant how about this
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how about you make a better product how about you provide a better solution how about you
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provide a better service and then let that competitor that you're worried about worry about you
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it's not about what people say it's about what people fucking do and you guys worry way too much
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about what other people are doing what other people have how much other people are making and the the
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moves other people are making instead of worrying about how you can sharpen your axe and how you can get
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better at what you've got to do and how you can become more valuable in your role and how you can
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grow your company and how you can build your team and how you can become a better leader how about you
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take the time you spend gossiping and talking about and worrying about other motherfuckers and put that
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same time into developing yourself do that for fucking three years and then come tell me who the
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industry leader is because it ain't going to be the motherfucker that you're worried about right now
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you guys you guys have got to get this through your head i cannot communicate this clear enough
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i cannot i cannot explain this clear enough the people who worry about other people in business
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always lose the best they can ever be is second place and in in our economy these days where there
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has typically been an abc choice it's becoming more and more and more and more and more where
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there's dominant players look at amazon amazon's fucking destroyed big retail taking companies from
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multiple billions of dollars down to barely making a billion dollars okay let's look at some of the
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numbers here 2006 sears 27.8 billion dollars 2016 1.1 billion dollars jc pennies 18.1 billion
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dollars 2016 2.6 billion nordstrom 12.4 billion in 2006 8.3 billion in 2016 coles 24.2 billion 8.8 billion
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in 2016 macy's 24.2 billion in 2006 11 billion in 2016 best buy 28.4 billion in 2006 13.2 billion in
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2016 target 51.3 billion in 2006 40.6 billion in 2016 amazon 17.5 billion in 2006 in 2016 355.9 billion
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and you know what and all those motherfuckers that same exact time if they had not worried about
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everything amazon was doing and said hey let's look at what they're doing and do it fucking better
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wouldn't be in that shape they're sitting there worried about their competitors oh retails dying
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retails dead retails this retails that what what if they would have taken the fucking things amazon was
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doing right that whole time and start doing them themselves now we're seeing it but it's too late
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right we see companies who are doing grocery stores who are doing now same day delivery and companies are
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trying to do same day trying to do same day delivery to combat the shit that amazon has put in place
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but dude by now amazon has fucking gained so much ground that people are accustomed to going to amazon
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out and just click and buy it's they've trained their customers all because these motherfuckers who were
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fucking you know big players back then were so worried about what amazon was doing instead of actually
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focusing on themselves and how they could get better and improving their fucking model they sat back and
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watched it happen they sat back and let it happen and that's what you do when you focus somewhere else
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that's what you do when you look at someone else that's what you do when you're focusing on how the
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other company's doing and why they're doing so good and you do nothing about it
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worry about making your own shit good worry about improving your own model worry about improving your
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your own shit take a take it and you know be aware i'm not saying ignore people be aware of the good
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shit other people do be aware of the good shit other companies do be aware but take that shit and do it
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fucking better take that shit and add a step and then you don't have to worry about your competitors
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stealing your idea because if they're stealing your idea they're stealing what you're doing now and
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you're still you're evolving but see i guarantee you most of you motherfuckers don't even understand
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what i'm saying because you guys are so accustomed to following somebody and and fucking ripping off
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ideas and stealing ideas and that's how you survive but i'm going to tell you right now surviving and
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thriving is two different things and if you want to fucking thrive you're going to have to become an
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innovator by thinking on your own by focusing on your own by taking ideas that other people do well
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and adding to them plus one plus one plus one till you're three fucking steps ahead and you don't do
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that shit by worrying about what the competitor is doing when you haven't even launched your