Hi all,
4 months back I had a great idea. (Yes I know they are of least importance)
I evaluated it doing a brief market research and pitched it in two B-competitions.
I didn’t win those competitions but after those events I was sure to implement it within the next 5 years or so. Also, after extensive searching I could not find the same in market which means the model was unique.
But guess what – it’s not unique now! Yesterday I happened to come across a group implementing it
and I am pretty sure there will be more such groups in the coming years.
My question is,
let’s say I enter the market after 5 years or so. What can I do as of now which will make me a much better competitor and increase my chances of success? (Assume I have a great team)
Waiting for your valuable inputs.
Thanks.
P.S – I am not afraid of competition.