The next time you get pissed off that some competitor is taking swing at you, remember - people only punch UP.
Hey Dan, really insightful write-up. From these lines:
When you find yourself in a position of being attacked by someone you consider a competitor - remind yourself that you’re living rent free in their head for a valid reason.
While you are busy worrying about your clients and their success (as you should) - they are worried about you.
Every moment your competition is talking about you, your products, your team - it’s a moment they are not focused on themselves, their clients, and their value in the market.
On top of taking mental bandwidth, I'd add that competitors do free marketing by trying to discredit you. "Any publicity is good publicity"
These two concepts also come to mind when reading you conclusion, Throwing Punches is Immature and tying it into the Art of War:
"If you know the enemy and know yourself, you need not fear the result of a hundred battles."
"To subdue the enemy without fighting is the acme of skill."