TheRodinhoods

How to emulate a successful business successfully.

Hello 

This is my first post on this platform and also I have no experience in entrepreneurship so please bear with me.

Last week I was discussing an idea with a friend of an eCommerce store that will serve as a platform for emerging photographers and living artists by providing merchandising options for their art, so we did a quick search and found out that though there is no major company in India but some companies are already doing that successfully in developed nations (US & UK).

So, I want to ask :

1. How do you emulate (copy) and implement a business model that is successfully implemented by someone else in some other country according to India?

2. What all can we learn from them, as what they are doing right and what to avoid? 

3. Points to consider while implementing it in India.