Back to feeds

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

Anonymous

Anonymous 1

Stealth • 3d

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.

0 replies1 like
2

More like this

Recommendations from Medial

Image Description
Image Description

Inactive

Stealth • 6m

How Netflix started ? The $2 Billion Mistake: Blockbuster's Netflix Blunder How does a single decision reshape an entire industry? In 2000, Netflix offered to sell to Blockbuster for $50 million. Blockbuster laughed it off. Fast forward: 2002:

See More
4 replies19 likes
8
Image Description
Image Description

Shiv Bharankar

 • 

Medial • 1m

Netflix📰 lt’s 2000, and Netflix co-founders Reed Hastings and Marc Randolph offer to sell their fledgling DVD rental business to Blockbuster for $50 million. Blockbuster laughs them out of the room. Fast forward to 2025, Netflix boasts over 238 mil

See More
14 replies11 likes
2
Image Description
Image Description

Vishu Bheda

 • 

Medial • 1m

In 2001, Netflix begged Blockbuster to buy them for $50 million. But Blockbuster laughed at them. Today, Netflix is worth over $350 billion—and no one remembers Blockbuster. Here’s how that rejection ignited one of the greatest business comebacks

See More
13 replies22 likes
10
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 1m

1. Facebook beat MySpace. 2. Google beat Yahoo. 3. Apple beat Blackberry. 4. Netflix beat Blockbuster. 5. Uber beat Lyft (for now). 6. Amazon beat Borders. 7. Instagram beat Flickr. 8. Microsoft beat Netscape. 9. Airbnb beat hotels. 10. Spotify beat

See More
21 replies37 likes
6
Image Description
Image Description

Vikas Acharya

Stealth • 20d

Startups Are NOT Glamorous – Here’s What No One Tells You! ❌Myth 1: You need a unique idea to succeed. ✅ Truth: Execution matters more than the idea. Facebook wasn’t the first social network, and Google wasn’t the first search engine. They just exec

See More
15 replies41 likes
38
Image Description
Image Description

Sairaj Kadam

Stealth • 3m

The Billion-Dollar Secret No One Talks About: Timing Over Talent When Uber launched in 2009, it wasn’t the first ride-sharing app. Apps like Sidecar and Taxi Magic already existed. But they didn’t take off. When Instagram came out in 2010, it wasn’

See More
4 replies5 likes

Aditya Tiwari

Stealth • 3m

Stay Flexible—Don’t Fall in Love with Your First Idea My first product wasn’t perfect, and there were times I had to pivot. It’s tough to change directions, but staying flexible kept me aligned with what users actually wanted. I embraced feedback, l

See More
0 replies3 likes

Mohammad Asaad Sayed

Stealth • 10d

Different Online Shopping Portals: The Ultimate Comparison 🛒 1. Amazon vs. Flipkart : -Amazon : Global giant, vast product range, Prime perks (fast delivery, video streaming). -Flipkart : Indian-focused, better regional offerings, Big Billion Days

See More
0 replies11 likes
1
Image Description
Image Description

Hemant Prajapati

 • 

Techsaga Corporations • 4m

𝗧𝗵𝗲 𝗟𝗲𝗮𝗻 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗠𝗲𝘁𝗵𝗼𝗱𝗼𝗹𝗼𝗴𝘆: 𝗠𝗼𝘃𝗲 𝗙𝗮𝘀𝘁 𝗼𝗿 𝗚𝗲𝘁 𝗟𝗲𝗳𝘁 𝗕𝗲𝗵𝗶𝗻𝗱 🚀 . Ever wondered how some startups just take off like a rocket 🚀 while others stay stuck on the launchpad? It’s all about The Lean Startup M

See More
5 replies12 likes
3
Image Description
Image Description

Havish Gupta

Stealth • 8m

Awesome Ideas That Didn't Work Out?! So, imagine you are traveling to your office and have nothing to do! Quibi could have helped here. Announced in 2018, Quibi was an American video streaming platform similar to Netflix. What's interesting is that

See More
14 replies24 likes
2

Download the medial app to read full posts, comements and news.