Helping Competitors for Fun and Profit

Daryl HattonEntrepreneurship

I spent 90 minutes today helping a competitor with his business and I feel really good about it. We discussed challenges, strategies and market opportunities. Afterwards I made some introductions to people I think might be good to add to his team. I also introduced him to two customers we tried to sell on our solution but came up short. Many rational people would say, “What??? Why???” I asked myself the same questions. The answers that came back highlight some of my core philosophy and are worth sharing. Doing the right thing to help someone when you can is rarely …