Collaborating With Your Competition

In this episode, Dr. Tiffany Allen Smith explores the concept of coopetition, where competing businesses collaborate for mutual benefit. Contrary to the traditional view of competition as a battle, she highlights how strategic partnerships can fill gaps, reduce stress, and improve quality of life for business owners. Dr. Smith shares personal stories, practical steps for initiating collaborations, and insights into when coopetition works and when it doesn't. She also dispels common fears about client poaching and process copying, emphasizing the importance of trust, communication, and quality. The episode serves as a guide for entrepreneurs looking to grow their business through collaboration rather than competition.