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Depends on the product I suppose, if it's niche enough you may not have big competitors at all. I choose to entire a SaaS market that is already monopolized but
by tjholowaychuk 10y ago
Depends on the product I suppose, if it's niche enough you may not have big competitors at all. I choose to entire a SaaS market that is already monopolized but I'm still paying my bills. That's definitely something to watch out for though, I think it's best to have many smaller products for redundancy, at least that's my plan.
- eloff 10y agoThis can work and be a great, profitable business. But a lot of these kinds of markets are winner takes all. Which is why companies compete with VC money to be that winner. You don't have great chances of doing that without VC capital if you have VC funded competitors. But your objective may not be go big or go broke - and you may well end up personally happier for being more balanced in your life. That's perfectly fine in my opinion, and very underrated here on HN.