Startup Competition Advice

This is awesome news. Read this:http://www.ericsink.com/Choose_Your_Competition.htmlThe big problem with avoiding competition is that you are also avoiding customers. The existence of a competitor indicates the existence of paying customers. If you can't find anyone who is making money with your idea, you really need to wonder if there is any money to be made there at all.Now you're primed to unders

Only continue if you are doing something different or better than your competitors. Obviously if you are just mimicking what they gave already created, that's no good but if you can improve on it, then their presence in the market may be helpful in terms of warming the market for you before launch.

thank you. In this case, maybe to compete an existing startup could be even better :))

Someone will always be either building what you'd like to, or chasing after you with a competitive product trying to eat your lunch.Any market worth being in, will have plenty of competition early on.Primarily you have to ask yourself if you can add value to the segment you're talking about. If you have something worth-while to offer customers / users. Such questions remain regardless of the competition or lack thereof. If you've got something valuable to offer, build i

I have encountered a similar situation and here are my thoughts, just for your reference:1. Is competition really bad? Not necessary. Some times competitions are good. As I was working on a product of a relatively new area. One of the problem was that people were not aware of the importance of the product. Our competitor had done a good marketing job, widely promoting the concept and got reported by several media. After that, we found it much easier for us to convince people of our product.<p

There will always be competition. There are probably half a dozen other companies doing similar things that you just don't know about yet. Most of the really successful companies that I can think of weren't the first ones on the market.Like others have said, learn from them. Figure out some need that they're not addressing and sure up that niche and try to grow from there. That may actually lead you to a point where you're not going head-on against them, and even if it doesn't it'll give

if there are no competitors, there likely is no market. ideas are rarely unique (and even when unique, are quickly imitated). execution is everything. don't see increased competition as a bad thing. Rather, view it as confirmation you are onto something. keep going. be prepared to fight. and do it better.

Experience tells me that you will have an edge over them if and only you can execute well. Your idea seems awesome as the market is already been tested and served. Also, established companies mean slowness to turn around and be close to customers, well at least compared to your future startup. Don't waste anytime, its not having the idea that matters but making it happen while learning from those three that have already started and execute fast. Good luck.

It's happened to me to. It's hard to go directly at competitors. Users will only switch if your thing is significantly better, by that I mean some multiple better.Anyway, it looks like you've got the skills to make something nice. Maybe you could try to push the space into some fresh direction that no one has done before, instead of doing an incremental improvement.

I think I remember reading something where PG addressed this issue. To paraphrase, you don't know if both you and your competitor are aiming for the same goal. Even though your products might look similar and provide similar technology, yours might be better for a certain vertical that isn't being addressed. Having similar or even the same idea isn't bad, just make sure to stay focused on what you're really trying to achieve.Hell, there's a reason they haven't cornered the market.