🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Harsh Verma

Reach your peak • 5m

If someone wants to start a business, but the idea already exists, how can they create an alternative and outcompete the existing one?

17 Replies

Replies (17)

Nawal

Entrepreneur | Build... • 5m

To make a better version of competitors .

1 Reply

Vishnu dubey

CEO of @EliteSS | In... • 5m

Bro currently in india I think not even a single idea is unique if you think about any idea then that idea had already came into 100s of people's mind but its all about execution and providing better experience nothing else

1 Reply

Abhay Pratap Singh

Intrapreneur • 5m

Success in an existing business idea comes from differentiation. You can either improve efficiency, enhance customer experience, introduce a unique business model, or focus on an underserved market. The key is understanding what the existing solutions lack and providing a better alternative.

1 Reply

Anonymous 2

Hey I am on Medial • 5m

The biggest companies get too comfortable and stop innovating. That’s why PhonePe and Google Pay stole Paytm’s UPI market. If you move faster and offer a better experience, you can steal their customers.

FounderFund Connect

Bridges Founders wit... • 5m

u need to go step by step on detailed road map

Anonymous 3

Hey I am on Medial • 5m

Having competition just proves there’s a market and winning just comes down to doing it better. Either make it cheaper, faster, higher quality, or more convenient. If you can’t out innovate, out execute.

rhambo snax (Vs)

Hey I am on Medial • 5m

2 things. 1st barrier or of entry. and 2nd execution is the king.

Anonymous 1

Hey I am on Medial • 5m

ust because a business exists doesn’t mean it’s unbeatable. Facebook came after MySpace and Orkut, but it executed better. Netflix wasn’t the first streaming service, but it crushed Blockbuster. Be better, not first.

Recommendations from Medial

Anmol Pandhi

Building Loop • 1y

If someone wants to do a product based business what is the cheapest one to set up ?

7 Replies

Tikam Gupta

Here to learn • 4m

what are the challenges if someone wants to create a pet food brand in India today?

Mehul Fanawala
•

The Clueless Company • 1y

Every entrepreneur has two choices: 1. Carry the weight of existing solutions and try to fit in. 2. Redefine the problem and create a new solution. Most choose the first path, hoping to succeed by tweaking what already exists. But real innovation?

Sherloque Holmies

Hey I am on Medial • 1y

If one tries to set up a startup about something innovative and new but seems 40% similar to any other already existing start up. What should be the next step ?

Keep going with the idea

Drop the idea

Think of investors

Startup is not your go

Votes: 26

3 Replies

Vyapari

Yadav • 5m

what is one business or idea that you wish it exists ?

1 Reply

TARUN GARG

Hey I am on Medial • 4m

I really hope this platform becomes the default start up digital hub. Not just startups, but also if someone wants to start a new business they come here. They can find resources and help on how to start and more. There are plenty of platforms for jo

Kartikey Gupta

I'm the best • 6m

Who wants to start a business and thinks that business can start with less money also ??

1 Reply

Vikram

Founder • 1y

Hello everyone this is Vikram from gurgaon. I'm running online e commerce business in gurgaon looking for someone who can share their knowledge in digital marketing for experiments. I'm already running Facebook and Google ads for my business if someo

7 Replies

Karan Kumar

Building a startup f... • 1y

How fast business can pivot the existing service they are using to the one new startup or a business offers. Have you guys made any sales to a business who was already using the service from another vendor or company. Or how will you pursue it.

1 Reply