Don't Worry If Your Startup Idea Is Already Taken! |
Posted: June 5, 2023 |
You are sitting idle in your balcony, taking sips of morning tea and suddenly the brain signals a new business idea. Relatable right? You rush to your laptop and start Googling only to find that there are already 20 other people doing the same that you thought was an original idea a few minutes ago. And this is quite heartbreaking. Now, what should a disheartened entrepreneur do? Close the browser window in disappointment, stop thinking about the implementation and abandon the idea completely? Or try to convince yourself that your idea is somewhat different from others and begin making the business plan. Let’s face the truth here. “There is no such thing as a new idea. It is impossible. We simply take a lot of old ideas and put them into a sort of mental kaleidoscope. We give them a turn and they make new and curious combinations.” ? Mark Twain Here are five excellent reasons you should not drop your plan and start a business that already exists:
Don’t you think starting a business that already exists is an easier and more sensible option? Let’s make it easier for you. Think about starting something totally new, you have to then work double hard to first educate people about the existence of your business and then convince them why they should do business with you. It is a very time-consuming process. However, an already existing business gifts you with a ready-made audience and an already established market for your product or service.
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