The Daily Mastermind
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Episode 684 · Nov 18, 2022

Stop Competing With Others and Start Competing With Yourself

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George Wright III opens this Friday episode of The Daily Mastermind with a reframe that could change how you approach your business, relationships, and personal growth: your only competition is yourself.

The episode centers on two connected ideas that George has been thinking about lately. The first is that better is better than new. The second is that spending energy on outside competition is a waste of time rooted in a scarcity mindset. Together, they point toward a focused, abundant approach to building anything that matters.

Why Better Is Better Than New

When things aren't working, the instinct is to throw them out and start fresh. Change the offer. Find a new relationship. Pivot the business. George pushes back on that reflex.

Building upon lessons, building upon failure, building upon success is how you create a better version of anything you're doing, whether it's yourself, your life, your business, your relationships.

Progress compounds. Abandoning what you've built means abandoning the hard-won knowledge inside it. Instead of chasing something new, apply everything you've learned to make what you already have work better. That iterative improvement is where real momentum lives.

The Scarcity Mindset Behind Watching Competitors

George says he hears it regularly: someone flags a competitor and suggests he should be worried. His response cuts straight to the issue. Focusing on competitors is a scarcity mindset, and a scarcity mindset is a ceiling on what you can achieve.

There's plenty of success and abundance. You've got to adopt that abundant mindset. In an abundant mindset, there is no competitor.

That doesn't mean being naive about your market. You can observe, learn, and draw benchmarks from others. But the moment you start expending real energy on what a competitor is doing, you're pulling that energy away from your own growth.

Who Are You Benchmarking Yourself Against?

George raises a sharper question: even if you are going to pace yourself against someone, are you picking the right comparison? Are you measuring yourself against people ahead of you or people behind you?

Playing to a lower standard can feel like winning, but it caps your ceiling. George puts it plainly: he would rather be competing in the major leagues and not crushing it than crushing it in the minor leagues. The benchmark you choose shapes the version of yourself you become.

Your Only Real Competition Is Yesterday's Version of You

The central message is simple and repeatable: how do you become a better version of yourself than you were yesterday? That single question replaces the anxiety of watching competitors with a productive internal target.

As Zig Ziglar said in the quote George opened with: success is the maximum utilization of the ability that you have. The word "maximum" is doing a lot of work here. It's not about what others are doing with their abilities. It's about whether you are fully deploying yours. Robert Stuburg's concept of unique talent points in the same direction: your unique talent is the thing you are passionate and excellent about. Expand that. Get better at that. That's the race worth running.

How Focus Seals the Strategy

George closes with a phrase that ties everything together: follow one course until successful. The abundant mindset, the commitment to incremental improvement, the internal benchmark: none of those work if you're chasing shiny objects and switching directions every time something looks promising.

Don't follow those shiny objects. Focus. Follow one course until successful.

Progress over reinvention. Better over new. Internal competition over external comparison. That's the framework.

Action Steps

  • When something isn't working, ask whether you need to improve it before you replace it. Small consistent upgrades compound faster than starting over.
  • Identify your unique talent, the thing you are both passionate and excellent about, and make expanding it your primary measure of progress.
  • Set your benchmarks against people ahead of you, not behind you. Competing in the major leagues, even imperfectly, raises your standard.
  • Drop the habit of tracking competitors in any way that costs you real time or energy. Use that attention to build instead.
  • Each day, ask one question: am I better today than I was yesterday? That's your only real competition.

Friday or any other day, the work is the same. Show up, improve by one degree, and trust the process of incremental growth. It's never too late to start living the life you were meant to live.

READ THE FULL TRANSCRIPT

welcome back to the daily mastermind George Wright the third here with your daily dose I guess your Friday dose right of inspiration motivation and education I hope you've had an amazing week but I want to remind you I think a lot of times we get into Friday and we think the weeks getting to an end or it's getting over I can remind you of something if you're doing what you're passionate about and what you feel drives your purpose there is no beginning of the week and end of the week. It's just every single day. You know, make sure you don't gauge yourself in how your week's going. Today's a brand new day. Today's a day that you can get anything accomplished that you want to get accomplished. So let's start you with the Daily Mastermind quote of the day. The quote of the day is from Zig Ziglar. Man, I love Zig Ziglar. He was one of the best speakers that I had at events. And Zig says, success is the maximum utilization of the ability that you have. Success is the maximum utilization of the ability that you have. I'll tell you why I love that quote. Because so many times, your definition of success is going to determine your level of fulfillment, happiness, everything you gauge around yourself. So how do you define success? And Zig says it's the maximum ability of utilizing what you have, your unique talent. It's like Robert Stuburg always talks about, your unique talent is the thing that you're passionate and excellent about. So if you are expanding that, if you are getting better and I tell you this quote goes perfectly into the couple thoughts I wanted to share with you today I don have a main topic or anything but I had a couple thoughts that have been on my mind lately And the first thought that I have is that and I heard this just recently, is that better is better than new. Better is better than new. And what does that mean? What it means is that so many of us in life, whether you're an entrepreneur, individual, small business, you know, relationships, whatever it is you're looking for, a lot of times when things aren't working, we change them. We look for something new. And what I'm here to tell you is that over time I've found, and I may not know a lot of things, but one thing I know I've learned over time is that constant improvement and just getting better is better than a complete change and trying something totally new. Because building upon lessons, building upon failure, building upon success is how you create a better version of anything you're doing, whether it's yourself, your life, your business, your relationships, your kids, whatever it is. Better is better than new. And so I hope you take that into account. And then here's the other thing that I wanted to talk to you about. So many people, I just had somebody just yesterday tell me, oh my gosh, you've got a couple of competitors to your business. And I have this all the time with a couple businesses that I have. You've got a couple competitors that are out there. And what you need to realize when it comes to business is that there is no competition. The sooner you adopt that philosophy, the better. In other words, you're not competing with competitors You competing with yourself Here the thing First of all that such a scarcity mindset to be worried or putting any energy thought time whatever it is into the competition unless it just to simply learn and grow from it and and develop is a waste of time you can't waste your time looking at the competition you can't waste your time worrying about the competition you can't waste your time because it's a scarcity mindset. There's plenty of success and abundance. You've got to adopt that abundant mindset. In an abundant mindset, there is no competitor. Now, there might be targets you're chasing. There might be benchmarks you're trying to achieve. There might be people that you're gauging yourself against. That's another great point to think about. Who are you competing or gauging or, what do you want to say, pacing yourself with? Are they at the level that are above you or are you trying to keep pacing yourself above people that are below you in results? Are you playing to par? Are you dropping down into the minor leagues or are you trying to compete in the major leagues? Because I would rather be competing in the major leagues and not crushing it than crushing it in the minor leagues. So you've got to find out where you are setting your benchmarks. and you got to remind yourself that your only competition is yourself how do you become better than the version you were yesterday and that little simple philosophy will carry you so far in life what it'll do is it'll allow you to drop the baggage it allow you to not define yourself as the past but the the the better version of yourself that even marginally or incrementally better than you were before that what you have to realize and that goes back to that same concept of better is better than new if you're making progress and you're getting improvement by bettering your company bettering your offers bettering yourself you're you're winning you're winning because utilizing your best abilities is winning and that is success so i encourage you to take those thoughts today into the weekend i encourage you to take them into your business and realize that the only competition you have is yourself how do you increase and do better than you did yesterday and develop that abundant mindset and realize that progress is better than starting over and trying something new don't follow those shiny objects focus follow one course until successful. Focus. That's my message for you today. I hope you have an amazing day. Thanks for listening and share this episode if you wouldn't mind. Share it with somebody that you know might benefit or just share it on your Facebook or Instagram page. Tag me when you do though. Tag me at The Daily Mastermind so that I can see who you are and comment and throw a shout out as well. Looking forward to some great stuff this next week. Another thing I want to do is I'm going to be able to get you guys some free resources with various companies that I'm working with. And so check the Daily Mastermind Instagram and Facebook page so you can get all those offers and all those freebies that I get from companies that I do things with. So look forward to talking with you more. Have an amazing weekend. Once again, this is the Daily Mastermind.

About the host
George Wright III, host of The Daily Mastermind

George Wright III

George Wright III is an entrepreneur, investor, and the host of The Daily Mastermind. Over more than two decades he has founded and scaled several multimillion-dollar companies and built a renowned seminar business that put some of the world's biggest names and brands on stage. With 25+ years across marketing, sales, and executive leadership, he's made a career of turning bold ideas into results — and momentum into lasting growth.

Today his mission is singular: empower driven entrepreneurs everywhere to master their mindset, unlock their potential, and live their ultimate destiny. Through The Daily Mastermind, George shares the Prosperity Principles and strategies that help people create massive change — in their business and in their life.

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