How to answer if somebody asks how easy it is to replicate my startup?

Question

I'm building startup and I already have some traction and it really helps and solves users problems. It is not that difficult to build type of startup that I built. Sometimes people ask how easy it is to replicate my idea, what if somebody build exactly same product and offer for lower price, what is stopping others to build the same product you built. Honestly, for me it is difficult to answer this questions, because I know how easy it is to build. How would you answer to this type of question assuming you have a startup/product?

entrepy123 · Accepted Answer

OTHER MOATSI would say:Yes, it would be easy to copy and build.But, other companies would not want to or be able to do/offer what we do, because .Really think about what makes you uniquely able to provide value with this product.Is it really "your idea"? If you "really" want to protect it, file a provisional patent application for $199 online in case it takes off and then later you can file the actual patent, if your business really was successful and you are within the time limit.If it isn't really "your idea", then just roll with it and make your distribution your moat. Life it too short for that paperwork and headache.People are buying you and your brand, if there truly are other equivalents available. Give your product the vibe that only you can.FOCUS ON WHAT MATTERSIf the product isn't out there, and it solves problems, and you have it, and competition isn't your problem, your problem isn't competitors. It's not having customers.According to some YC Startup School video I saw, your ONLY TWO valid activities this early are 1) building product and 2) talking to customers. If the market is big enough and there are 3 players, maybe you get 30% share and life is still good..02

KomoD · Answer

> How would you answer to this type of question assuming you have a startup/product?Then I welcome them to do it, competition is great.

adastra22 · Answer

&ldquo;They are welcome to try.&rdquo;

How to answer if somebody asks how easy it is to replicate my startup?

> How would you answer to this type of question assuming you have a startup/product?
Then I welcome them to do it, competition is great.

“They are welcome to try.”