First time startups: copy someone. Seriously. Even just as a practice.

If you are first time doing something, say making a product, making an APP, making a business, making a company, Don't make something branding new. People may not like it. People may not pay for it. There may be no business. First, consider fishing out something that is already popular and sold to a crowd and compete to be the second, the improver.

Industry category

technology

Inspired by past successful examples ...

Facebook copied Myspace. Microsoft copied Gary Kidall's software. Your first project should not have too much market risk.

How the model works

Build it and sell the business.

How does become ecosystem?

As long you don't blatantly copy images, steal ideas and compete dirty, there is no law that says you can not make a second option for people.

How you can copy/expand it

Your first project.

Barrier for competitors

It depends on how good you are. The difficulties you solve are the barriers for competitors.

Expansion or exit strategy

Your first project.

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Startup type

Solo

Investment requirements:

Low

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