it was best said in "Antitrust".. in this business you're either a one or a zero.. alive or dead. <p>if you're an entrepreneur at what point do you give up on an idea? when you see a site that's similar to yours? or when money becomes an issue?<p>share your thoughts...
In my opinion seeing a site similar to yours its called competition, and may not be a problem.
It's all about being the best in that field, or the most known, it's almost impossible to be the only one doing any kind of business, so if you see a similar site just try to make yours much better.
Money will always be an issue, think about your business as an investment.
There may be a lot of reasons for giving up on (or maybe changing) your project:<p>If people just don't like it at all, or no one uses your product or service maybe you have to start thinking about it. <p>
If you are confident about your idea and passionate about your business, you should never give up because of competitors or money issues.