James Altucher once wrote that the best people, companies or organizations will rise together not as competitors but as peers. How correct he was. History has proved this. Significant growth and development occurs when people begin to look at their fellows not as competitors but as their peers.
It is very important that one holds in respect those people who are in the same industry. Smart people do know that esteeming your competitors highly positions your to learn from them. Alot of people have been kicked out businesses and their respective industries because they underestimated their competitors.
By looking at your competitors as your peers even if they are far behind, you are able to somehow track their progress and operations. Never look at anyone as your enemy. All successful businesses do serve the needs of mankind, that’s all the reason to be peers