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I usually think if the business cannot sustain once the idea is copied, it's not a good business idea. Maybe it's fine to continue as a hobby project, but for
by aabbcc1241 5y ago
I usually think if the business cannot sustain once the idea is copied, it's not a good business idea.
Maybe it's fine to continue as a hobby project, but for business, if it cannot sustain without a significantly large market share, or have too competitive environment, better to work on other problems.
- tonyedgecombe 5y agoYou don't compete on just the product though. I've had companies with plenty of VC money outbid me on Adwords and employ lots of cheap labour on SEO. Often their product offering looks quite weak. You are right though, if that's the environment you face you just need to move on.