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The Hidden Cost of Comparison in Business: Why Running Your Own Race Leads to Success

November 25, 20244 min read

Have you caught yourself scrolling through LinkedIn, feeling that familiar knot in your stomach? You know the one – it forms when you see another business owner's viral post about their seven-figure launch, or their speaking gig at that prestigious conference, or their team's rapid expansion. In today's hyperconnected business world, comparison isn't just the thief of joy – it's the silent killer of authentic business growth.

The Modern Business Comparison Trap

Let's be real: as business owners, we're swimming in a sea of metrics, achievements, and highlight reels. Revenue figures, follower counts, speaking engagements, media features – they're all right there, seemingly screaming for attention. And while Leon Festinger's 1954 social comparison theory might sound like dated psychology, it's more relevant than ever in our digital age.

Think about it. Every time you start to scroll through social media you're bombarded with success stories. "Built a 7-figure business in 18 months!" "Scaled to 50 employees without outside funding!" "Booked solid six months in advance!" Sound familiar?

The Real Story Behind Overnight Success

Here's what those headlines don't tell you: Mailchimp, now valued at $12 billion, spent 17 years bootstrapping before their massive sale. They weren't "falling behind" – they were building sustainably, at their own pace. Sara Blakely sold Spanx door-to-door while keeping her day job, starting with just $5,000 in savings. She wasn't "lacking ambition" – she was being strategic. Jamie Kern Lima was told over and over again the way she wanted to pitch her product, showing real women with real skin issues, would not work. It wasn't until she followed her gut, during the QVC debut of her IT Cosmetics brand, her sales soared, saving her company from bankruptcy.

These aren't just feel-good stories. They're evidence that successful businesses come in all shapes, sizes, and growth rates.

The Hidden Costs of Comparison

When we measure our chapter 1 against someone else's chapter 20, we pay a heavy price:

  • Decision Paralysis: Waiting for the "perfect" moment to launch that new service

  • Authenticity Loss: Mimicking others' voices instead of developing our own

  • Innovation Stifling: Following the crowd instead of serving our unique market

  • Mental Drain: Spending energy on comparison rather than creation

Running Your Own Race: A Better Approach

Instead of comparing, try these strategies:

1. Define Your Own Metrics

  •   What does success look like for YOUR business model?

  •   Which numbers actually matter to your growth?

  •   How do these align with your life goals?

2. Track Your Personal Growth

  • Document your progress each month. Capture it in a way that works for you. Are spreadsheets not your thing? Consider using an AI tool like Notion to record, transcribe and categorize your wins.

  • Celebrate small wins. Every step forward counts. Did you talk to someone new at a networking event? Give yourself a high-five in the mirror.

  • Learn from setbacks without judgment. Remember: Every setback carries seeds of growth. Your job is to find them, plant them, and help them grow.

3. Build Authentic Influence

  • Share your real journey, including the struggles

  • Focus on value over vanity metrics

  • Connect with your audience genuinely

The Power of Your Unique Journey

Every business has its own timing, rhythm, and path. Buffer, a social media management platform, made waves by publicly sharing their revenue figures – both successes and struggles. They chose radical transparency over carefully curated perfection, building trust and connection rather than envy and comparison.

Moving Forward: Your Action Steps

1. Audit your comparison triggers

  •  Which social media accounts or situations spark negative comparison?

  •  What industry "standards" are you blindly following?

2. Reset your focus

  • Review your original business vision

  • Identify what truly matters to your growth

  • Set personalized benchmarks

3. Build supportive connections

  •  Find peer groups that celebrate authenticity

  •  Connect with entrepreneurs at similar stages

  •  Share both victories and challenges

The Only Comparison That Matters

If you must compare, compare where you are today with where you have been:

  • What have you learned?

  • How have you grown?

  • Which challenges have you overcome?

Remember: Your journey is yours and yours alone. Your timing is perfect for your path. Your growth rate matches your goals and circumstances. The only race worth running is the one that leads to your definition of success.

As you continue building your business, keep your eyes on your own path. Your energy is better spent creating value for your customers than worrying about what others are doing.

Share this post with a fellow entrepreneur who needs this reminder today. We're all in this together, running our own races, at our own perfect pace.

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Leslie C Fiorenzo

Leslie helps entrepreneurs get over the fear of public speaking, camera shyness, and networking jitters.

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