Community over competition: An Entrepreneur’s Golden Rule For True Success
Entrepreneurs often feel like they're in a competition. They're doing their own thing, and they want to be the best at it. But what if your success isn't about being better than everyone else? What if it's about helping each other out?
That's right: community over competition.
In fact, research shows that those entrepreneurs who collaborate with one another are more likely to succeed than those who don't. And while this might seem counterintuitive, it actually makes sense when you look at the statistics: those entrepreneurs who collaborate have a success rate of 89%, whereas those who don't have a success rate of 48%.
Strategies To Find Collab Partners
The best way to find other entrepreneurs to collaborate with is to go where they are. You can start by attending events such as meetups, conferences, and networking events where you're likely to find like-minded individuals with similar goals and interests. You can also reach out through social media or email.
To increase your chances of finding someone who would love to work together with you on your project, consider these best practices:
1) Create a list of questions about what you're looking for in terms of collaboration before attending any events or reaching out via email/social media. This will help ensure that you don't waste anyone's time by asking them something they can't provide at this time in their career!
2) Be sure to check out profiles on LinkedIn first so that you know what types of skills they have before reaching out via email/social media.
How Do Collaborations Help?
Collaboration helps you grow faster as an entrepreneur, because other people can bring different perspectives and skillsets to the table. It also allows you to pool resources, so that everyone involved can save money and get more done at the same time.
Teamwork Makes The Dream Work
As we move into the world of online collaboration and coworking spaces, we're seeing more and more entrepreneurs working together than ever before. And the statistics are pretty compelling: more than half of startups that have been founded by two or more people since 2010 had at least one co-founder who was already connected with another entrepreneur (via LinkedIn).
Collaborations For Efficiency
Working with other people makes it easier to reach your goals and accomplish more in less time.
The importance of collaboration for entrepreneurs
So if you're an entrepreneur looking for success in business—and who isn't?—you should make sure that you're collaborating with other like-minded individuals as much as possible.
