from Hacker News

Ask HN: Do you research about your competitors often?

by mkchoi212 on 4/4/24, 5:35 PM with 2 comments

• by 999900000999 on 4/4/24, 5:57 PM

  That should be the first thing you do, even as an employee you should know what your competitors are doing.

  If no competitors exist in a space, and you're thinking of starting a new company you need to wonder why. There's a good chance there's just not a market for what you want to do. On the other hand, if the markets absolutely saturated with different competitors, what are you doing better than them?

• by AlwaysNewb23 on 4/4/24, 6:06 PM

  You should know what they are doing and keep an eye on them, but I think it's important to be careful not to copy them and solve problems in your own way.