The Coopetition Strategy That Keeps You Independent
Losing a big account hurts. Your natural instinct is to get defensive, blame price, and block the other broker on LinkedIn. But what if the secret to your future growth lies in picking up the phone and congratulating the person who just beat you?
My guest, Ruth Manka, Executive Director of Intersure, advocates for a radical strategy called “coopetition.” In this episode, she explains why the most successful independent agencies are sharing their secrets with rivals rather than guarding them.
We discuss why you should debrief with the competitor who stole your business to learn where you failed, how to stay independent in an M&A-obsessed world, and why an abundance mindset is the ultimate competitive advantage.
This is the argument for turning your enemies into your best teachers.
Resources:
- Connect with me on LinkedIn: https://www.linkedin.com/in/andyneary/
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