Build and sell your own product

Stage 1 · Lesson 6 of 7

Competitors are evidence, not a stop sign

Find a problem worth solving

Finding competitors is usually good news. It shows that people already spend money on the problem. No competitors at all often means no demand.

Treat , not a stop sign. List five products people use today, including spreadsheets and agencies. Read their pricing pages, try their sign-up steps and pay special attention to their bad reviews.

You are looking for a group they serve badly. Maybe the product is too complex for people working alone, too expensive for a region, missing a local way to pay or poor on phones. That gap later becomes your , the reason your product exists.

Common trapeither giving up because a well-known product exists, or copying it feature by feature. Then you are racing a team that started years before you.

A question to check yourself, an AI practice session and 1 cheat sheet entry come with the full roadmap. Unlock

Resources for this stage

Start with

  • CourseFree
    Startup School

    Y Combinator · Beginner

    Free lessons on how good ideas come from real problems; watch the ideas and talking to users sections first

Keep handy

  • Check whether interest in your problem is growing, seasonal or fading, and where searchers are

  • Search your problem area to see what others built, charged and learned, including failures

Also worth your time

Mark this stage as not done?