You can look at personal challenges as just that, weaknesses, or handicaps. Maybe you have real physical handicaps which can also be viewed as a challenge. Keep things in positive perspective rather than negative terms. All truly successful business magnates are able to accept challenges and handicaps for exactly what they are. From there they are able to deal with them simply and effectively. From there they move on and refuse to let those sorts of things get in the way. It is an approach that involves a perspective that might take you some time to develop. Lots of people, maybe you, tend to focus on things that are negative and possibly even use them as excuses. You are going to make even more progress when you work to cultivate this sort of mindset.
Your competitors can be defeated, but you must first know their weaknesses and strengths before you can ever hope to do this. You might want to work with them, especially if you can't beat them, yet structure it so that it is advantageous for you.
It's a matter of focusing on areas where you can leverage possibilities with both their strengths and weaknesses. Since every competitor has a weakness, this will be the place where you can gain your advantage over them. Look at all perspectives and angles because you may be able to offer something where you are stronger than they are. Profitable joint ventures, and excellent business relationships, can come out of these situations. By developing these profitable business relationships, through flexibility, you will succeed.
When it comes to your personal life, and your business life, make sure you are well aware of your strengths and weaknesses keeping them close. An astute business competitor may be able to figure out some of your qualities by analyzing your business. But that takes real powers of perception as well as time, and very many business people will not do this.
It is important to not reveal your two most important qualities. Your weaknesses cannot be used against you if people do not know that they exist. Conversely, they will not know your strengths and will be operating blindly when competing against you. As we've said before, find the information that you need when you need it. This information is important and it needs to be a regular part of your mindset so that you can better apply the things that you've learned. Nothing is ever going to happen for you until you move forward toward the things that you need both in the business world and in your personal world.
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