More competitors means more water in the bucket compared to a stagnate pond
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Don't pick a problem @ all do a job...
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If you don't want competition becomes wantrepreneur ( king procrastinator)
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Or pick markets that may appear small i.e. <$1B but that can still produce incredible outsized outcomes.
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Lol and how do we convince investors?
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Once it gets difficult half of the competition quits.
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Or attack a known problem from first principles instead of iterating on what's out there.
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Any examples?
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If you don’t have competition, there’s likely a very good reason for that.
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Agreed - the approach of picking a problem with no competitors and doing so confidently says a lot about a person’s opinion of the cleverness and abilities of others.
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