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I'm frequently asked Should I connect on LinkedIn with competitors? My senior manager is Giving a lot of workquick answer is Are you nuts? Why would you want to hand over your database of prospects and customers to a competitor?

However, because not all relationships are simple and one-dimensional (competitor or not a competitor), here are some factors to consider when deciding whether to connect with a "competitor."

  • Is the identity of your customers already public knowledge? If it's public knowledge, then connecting with competitors is not as big of deal.
  • Do you hide your list of connections from your network? If you do, then they can't see who you're connected to anyway, so there's less risk.
  • Do you think you're better at LinkedIn than your competitors? If so, then maybe you're going to gain more from having the ability to look through their connections than they will gain from looking at your connections.

Also, keep in mind that relationships change over time. If a trusted coworker who's in your network goes to work for a competitor and becomes your number one nemesis, then you may want to consider disconnecting from that person.

As you can see, there's no simple answer to the question of whether you should connect with competitors. But after you consider the points mentioned above, you can make the decision with your eyes wide open.