Startup "Chakraview"

People trying to get their startup off the ground have to go through a very tricky situation.

The moment you try to explain your idea to someone, they come back to you asking who your competitors are. If you say that there isn't anyone doing exactly the same thing that you are pitching, people say you haven't done enough research. If you do name a couple of competitors, people will then ask you what is it that you are doing different from them. You then take the trouble of explaining what and how are you different. Immediately people start arguing that your competitor will throw a few engineers and implement your idea and you'll be left stranded.

No one can give a definite answer as to what could be done next. One option is ... "To hell with people; I love what I'm doing; I think its interesting and someone will benefit from it. I'll keep going!" :-).