A friend from Hyderabad recently pitched me his idea: An online grocery store connecting local shops to customers. Sound familiar? (Looking like Blinkit , Zepto, Swiggy Mart) I asked him the tough questions: - Can you compete on pricing? - What about marketing muscle? - Do you have the funding to go toe-to-toe? - How will your service stand out? His hesitation said a lot. So, I shared a different perspective (as per me) 1. Look out of the big cities. Tier 3 cities are hungry for innovation. 2. Profitability first. Don't burn cash chasing unicorn dreams. And Also I suggest a idea Build a logistics platform to Connect local businesses directly to consumers and provide them intercity delivery, not just another Copied app. Some takeaway for you? - Avoid crowded markets unless you've got a killer edge. - Find the underserved niches begging for solutions. - Make money from day one. Novel concept, right? - Set practical goals. Rome wasn't built in a day (or on VC money).
Download the medial app to read full posts, comements and news.