Com-friend-itors

In this video, John Mundell talks about some of the challenges and opportunities he faced with his “competitors” in the industry and how he overcame these challenges to grow closer to his competitors.

Discussion Questions

1. What might be some positive aspects of being open and friendly with competitors in the industry? Should you prioritize keeping trade secrets or creating a friendly atmosphere with respect to competition?
2. When being friendly or sharing advice with competitors, is it more important to see the transactional side (I share, expecting something in return), or the friendly side (I share with you for the sake of being a good person/friend)? Why?
3. What are some qualities that people might attribute to someone who talks bad about their competitors versus someone who treats their competitors with respect and dignity?