In your italicized text, it was good up until "No other company is going to compete with it." The point isn't that you have no competition, but that you have e

In your italicized text, it was good up until "No other company is going to compete with it." The point isn't that you have no competition, but that you have enough raw material to be competitive yourself. The point isn't that you're guaranteeing success, but that since most pitches (that I see) don't include ANY of the advantages you just listed, those that DO have those advantages look a lot better at the outset. Of course anyone can succeed, and many should try. But that's not how investors think; they think in terms of reducing risk, and things like past success and traction are ways of reducing risk.