Starting a new business in a highly competitive market can be daunting. With numerous established players and limited resources, it may seem impossible to make a mark and succeed. However, with the right strategies and a focus on innovation, startups can not only survive but also thrive in this cutthroat environment. This article explores some key strategies that can help startups innovate and succeed in a competitive market. Understanding the Market Before diving into the world of entrepreneurship, it is …