If there are industries with really low competition, then there are high-tech industries with high thresholds. Because of the extremely high requirements for professional technology, few entrepreneurs can participate, and the competition will be relatively small. If you can have an absolute advantage in technology, almost no one will compete. For example, chip manufacturing technology, which we have not seen less recently, is stuck in China at present. Chip manufacturing requires very complicated lithography technology. At present, there is only one company in the Netherlands that can produce the highest precision mask aligner, so no other company in the world can compete with this company, which means that this company has an absolute monopoly position in this industry. However, only a few enterprises with cutting-edge technology can participate in such entrepreneurial projects. For most unsuccessful entrepreneurs, they can only choose popular entrepreneurial projects with relatively general thresholds. Because there are a large number of entrepreneurs who can participate in such projects, fierce competition is definitely inevitable. If entrepreneurs really want to do such entrepreneurial projects, what they can do is not how to avoid competition, but how to face the competition bravely, try to find their own disadvantages and deficiencies in the competition, and then constantly make up for their disadvantages and deficiencies, strive to improve themselves, and then gradually enhance their competitiveness.

For example, a catering entrepreneur opened a restaurant, and after opening it, he found that other restaurants nearby were doing better than himself, which led customers to go to other restaurants. Faced with this situation, can entrepreneurs give up closing stores? Of course not, but we should find out what's not good about our food, and then try to improve the taste and quality of our food and attract customers.