Let Them Be Distracted

The great news for you is, odds are, your competitors are not hitting on all cylinders.  It’s just not the real world. The really well functioning teams are the extreme exception, not the norm.
You remember. You worked for a variety of companies before you became owner.  Were they well functioning or did they survive, somehow, despite themselves?
My point to you is: see and seize the opportunity. You can gain ground – considerable ground – if you can stay focuses, motivated, and lay down long periods of high productivity.
Develop new products and services while your competitors are content selling the same old. Launch a PR campaign while your competitors are taking some time off. Find cheaper sources and methods while your competitors continue to accept unattractive profit margins. Improve your location or spruce up your facility while your competitors are navel gazing. Have some fun with your employees and build a more cohesive team while your competitors do nothing to stem employee boredom and lack of unity.
The ways to get better, stronger, faster are myriad. Just be sure you’re focused. Be sure your clipping the gates while, odds are, your competitor’s lounging at the base sipping a cold one.