## How a Startup Can Survive Competition with a Monopoly Company

# Introduction

Should young projects engage in competition? Do they have any advantages over the “whales” of the market, and what should they know when developing a startup to carve out their niche?

Any startup founder, before beginning to implement their own ambitious plan to conquer the market with their innovative idea, must study the playing field and ask themselves: Is someone already doing the same thing? And if so, how can I do it better, higher quality, faster, or cheaper? If you have a solid answer to these questions, you’re practically in the clear.

## How Difficult Is It to Change Your Business Model After 2 Years? A Startup’s Reboot Story

Co-Founder AI

# Introduction

In this article, I want to share our experience of rebooting our business after two years of operation—why we did it and what we achieved in the end. I hope this information will be valuable to entrepreneurs striving to find a sustainable business model for their projects.

# What is Hyper-Personalization and How It Works

Hyper-personalization is a cutting-edge tool for customizing experiences based on big data and artificial intelligence (AI), rapidly adopted by leading companies. 92% of businesses already utilize AI-driven solutions to drive growth. They report that hyper-personalization enhances customer loyalty and accelerates return on investment (ROI) through more precise offerings and improved customer interactions.

In this article, we will explore:

## How I Analyze Competitors When Choosing a Startup Niche

In the competitive landscape of startups, choosing the right niche is pivotal for attracting investment from venture capital firms, angel investors, and private equity companies. In this article, I’ll explain how to spend 6-8 hours and get disillusioned with most of your bad business ideas — because nothing sobers you up like a thorough competitor analysis using tools like Co-Founder Ai. 🥲

## How I Impulsively Chose a Startup Niche and What Happened Next

Choosing a niche is the most crucial decision you’ll make when launching a startup. (Spoiler: I DIDN’T understand this initially!)

Nothing is worse than a successful launch in a bad niche—you end up with a “suitcase without a handle.”

# Understanding the Importance of Niche Selection

Back in 2017, when I launched my first startup, I didn’t grasp the significance of selecting the right niche. I thought, “In today’s world, you can profit from anything. Look at PewDiePie streaming games and earning millions of dollars. Competition scales with opportunities, so the key is to just become the best in your field.” In other words, the primary goal was to choose a niche where I could create the best product on the market.