Another example: Novartis a few years ago was ahead of the competition in developing a new class of diabetes pills.

FORBES: Why Biotech Investing Is Like Gambling In Vegas

Skeptics of beginners' abilities should note that students in a Hatchery class won a recent hackathon, or product-building competition, in a battle against full-time developers.

WSJ: Breaking Tech's Code

But there is always the hope that the competition will breed a better class of Grid in the end.

ECONOMIST: REPORT: COMPUTER NETWORKS: Computing power on tap | The

The company is growing faster than its competition due to a best in class reference customer list and more recently, the launch of software that is easier to use, focuses on alerting users when something is wrong, and finally, a push into the mid-market with an in-house sales force.

FORBES: 5 Buy-Rated Stocks For 2013

Do you waste time lamenting on your 3 day time, or do you blow away the faster competition by having a much better ordering system, world-class customer service, top quality products, and clever packaging that delights customers?

FORBES: Stop SWOT'ing The Small Stuff

The Bundesliga may lack the catalog of international stars England's Premier League has, and the artistry of Spain's top teams, but if the measure of a league is its ability to produce world-class teams and intense weekly competition, the Bundesliga can't be topped.

WSJ: Germany's Bundesliga Finally Deserves Some Respect

However, elevated competition among manufacturers of 30-nanometer-class chips will lead to a price decline.

ENGADGET: Samsung's Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones