Building your business involves comprehension of business strategy and work plans. One business plan that works wonders for your competitor may not necessarily work for you for many reasons.
Sometimes working hard alone is just not enough. As an entrepreneur you would need to understand your strengths, limitations, risks, and opportunities. If your business is lagging, you would need to understand what, where and why you’re falling behind your competitors. To do this, you would need to take a step out of your position to get a different perspective, which can be very difficult most of the time.