I've been working on a project for the last 6 months, and this week the company will be founded. When I came up with the idea I barely googled it, I just assume

I've been working on a project for the last 6 months, and this week the company will be founded. When I came up with the idea I barely googled it, I just assumed that if it existed I would know about it. A few weeks ago however, I found out that a version of the system I'm building exists already. After the initial negative response I started to carefully examine my competitor's solution, and the more I look at it, the more I'm convinsed that our system will outperform it big time. They apparently have technical problems which has stopped them from capturing market shares in the past 6 months. If I would have found out about this other company 6 months ago, I would have never started working on the project. Thank god I did though. I have learned so much about web and app development, I have expanded the idea of what I'm capable of, I'm about to found a company (which of course anyone can do but feels super exiting for me :D ) and I actually have a shot at making it fly. It is always better to do something than nothing.