kawasakirider
PARKED
- Joined
- Apr 17, 2012
- Messages
- 36
Rep Bank
$170
$170
Hey everyone, for the past few months I've been working on starting my first company. I've had a few slow-lane businesses in the past as I prefer working for myself, but this has been the first fastlane business I have committed to.
So here's where I'm at:
I came up with the idea, searched as much as I could and couldn't find anything exactly like my idea. Similar, but not the same market and the exact same service (my site will be offering a service).
I refined the idea over and over again
Got interest in it
Gathered some capital (as well as sank all of my money into it) from investors
Put a team together to bring it to life and went about doing everything necessary to get it set up legally (domain names, company name, set up by accountant, etc).
Now it's at the stage where it's almost ready to go live and in the past 2 months, I've come across 2 major competitors that are offering a similar thing to my idea. They have obscure names and I guess I missed them (rookie error, I know).
Now, these 2 major competitors are absolutely cleaning up, so the idea is even more validated in my mind, which is a plus.
The thing I'm worried about is how to go about surviving and building a client base against them? Do you guys have any tips?
The good thing is, the type of service I'm offering isn't the type where a client would necessarily overlook being signed up with multiple companies simultaneously.
Any advice would be greatly appreciated.
So here's where I'm at:
I came up with the idea, searched as much as I could and couldn't find anything exactly like my idea. Similar, but not the same market and the exact same service (my site will be offering a service).
I refined the idea over and over again
Got interest in it
Gathered some capital (as well as sank all of my money into it) from investors
Put a team together to bring it to life and went about doing everything necessary to get it set up legally (domain names, company name, set up by accountant, etc).
Now it's at the stage where it's almost ready to go live and in the past 2 months, I've come across 2 major competitors that are offering a similar thing to my idea. They have obscure names and I guess I missed them (rookie error, I know).
Now, these 2 major competitors are absolutely cleaning up, so the idea is even more validated in my mind, which is a plus.
The thing I'm worried about is how to go about surviving and building a client base against them? Do you guys have any tips?
The good thing is, the type of service I'm offering isn't the type where a client would necessarily overlook being signed up with multiple companies simultaneously.
Any advice would be greatly appreciated.
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