This document discusses how to handle competition in a healthy way. It begins by defining competition as rivalry for limited resources. While competition can drive excellence, it has become dangerously high in many areas today. This leads to stress, frustration and mental health issues. The document provides principles for dealing with competition in a balanced manner, such as not being too attached to outcomes, avoiding greed, not comparing oneself to others, and remembering there are bigger priorities in life than career promotions. Overall it advocates approaching competition with the right mindset in order to avoid negative consequences.