6 reasons your business needs more competition | SmartBlog on Leadership

““We need more rock bands,” declared Anthony Kiedis, vocalist for the Red Hot Chili Peppers, in his acceptance speech at the 2007 Grammy Awards. The comment struck me as so unusual, I remembered it four years later.

The group had just been awarded a Grammy for best rock album for “Stadium Arcadium,” and here was their lead singer asking for more competition. Why would anyone encourage more competitors to join the field? Wouldn’t it be better to have the whole market to yourself?…” Read More.

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