> If there are literally no competitors, drop the idea immediately. Just wanted to note that I make >50k/month, and this is the opposite of the approach that I

> If there are literally no competitors, drop the idea immediately. Just wanted to note that I make >50k/month, and this is the opposite of the approach that I've taken for about half my projects. I look for niches that I think will grow a lot, but which have no competition at the moment because the niche is so small. I build the site, SEO-optimise it, and then just leave it. I do this for lots of little niches that I think will grow, and about 1 in 5 take off. Some of my biggest sites didn't take off for years. > No moat. For my strategy building a moat is critical because I have way too many projects to keep on top of them and fight off competition that have a 1% better feature-set. The product should ideally get more useful "automatically" as it grows (e.g. user-contributed content, or something like that). --- My general advice: Learn basics of SEO, look around at what people want, build niche tools/things to help them get what they want. Keep repeating that and you'll eventually hit upon an idea that gets really big. Keep it simple (and cheap!) - a bunch of my projects that serve thousands of users per day run on Glitch and Replit (yes, really). Try to stick to project ideas that don't require much ongoing maintenance. There are likely many other good strategies - this is just my approach.