This is a very bad thing for anyone to be having doubts about a market because if it's that it's already crowded as a friend of mine has always been telling me that he can't start a business that someone else is already doing in the same area but I've been telling him that it is not true because there are high demand for strong product and services and just one business is not capable of making up these demands.
That is a fact,choosing a business to venture into is definitely an oppourtunity to add value to what is already in existence,it might not be a novel product or a world class service,but addressing a critical needs and yearnings of customers will do the trick.
Exactly you have said it all. Even if a new business sector comes out today, within a year it would be full. As you have rightly said there are no jobs out there. So we tend to put our hands in every thing. The only solution is to make yours stand out amongst the others.
I don't believe that once someone else is already into that line of business that you want to start then there is the probability of you not excelling as one thing that I always tell people is that before you start up a business you must know the amount of demand for that product if it is a product that is in high demand or if it's a product that is in average demand.
That is actually a good strategy to adopt in any business venture,and I think that would go a long way to esterblish one as an authority in his choose field.It will make one to be more focus and innovative.
The only challenge that you're going to face in this kind of sector is that it is going to take a while for you to become popular and your customers to know exactly what we are offering them before they can start patronizing you so you have to be patient with the business.
I don't know about your location but in my location, logistics is already a common business as there are many small bike companies that call themselves logistics because of traffic and unemployment.
That is what is what is the reality in most business expecially new start-up,one need to understand the industry and terrian very well and know the needs of the customers,then you can come up with a tailored approach to their needs
Most of the business out there has been copied and duplicated , most especially when people realises that the new business is doing well , they will want to start the same business.
That's right, the only thing you can do is to improve your skills on a regular basis, learn from does who started before you and even does that started after you cause each and everyone of them have something to teach you.
I have seen business organisations changing their business because competition is swallowing them up and they are surviving and doing better in a business with less competition.
