Competition in a space is actually usually a good sign, and might help validate the product is worth making. However, if you are a me to product, there is gene

Competition in a space is actually usually a good sign, and might help validate the product is worth making. However, if you are a me to product, there is generally little value in that, you still need something original or unique to catch market share. So in that case, I'd validate that the unique concept is something people want to pay for, and if so then build away. Disrupting an existing market is far easier than creating a new one in a lot of ways. Primarily the market is already educated on the need and understands it. When you have to educate a market to the need the costs go up dramatically.