Harsh Lessons: Real Entrepreneurs Share Why They Failed Brutally

The Oversaturated Market

This Reddit user made the grave mistake of entering an oversaturated market with zero business, marketing, or sales experience. After they failed, they learned a valuable lesson about choosing the right niche and specifying it. They even had a follow-up idea from the experience. Yet they had zero intention of actually carrying it out at the time. Sometimes, the best ideas come from business owners’ biggest failures. If you’ve ever had a beautiful idea stemming from something you’ve failed at trying to do, it may be a good idea to try again. But only if you’re truly ready to take that plunge again and do things right. And avoid over-saturated markets like it’s your job. Because in a way, it is (via EthicMeta).