Rather than try to compete head-to-head with the dominant players on the Web who have almost unlimited resources and recognition, entrepreneurs should consider focusing on serving a market niche.

Question

Quizplus · Accepted Answer

Focusing on a market niche allows entrepreneurs to differentiate themselves and provide value to a specific group of customers, which can lead to greater success and profitability. Trying to compete with established players on a broad scale can be difficult and expensive for startups with limited resources.

Rather Than Try to Compete Head-To-Head with the Dominant Players