Of course it's normal. Ask everyone from Pepsi to Burger King. :-)
That being said, from the sounds of it, the competitor seems to be very visible in the market. Given that, can you see that there is something that they're not doing? Is there are group of users that are under-served? Do you figure one might surface? It looks like they've got you beat feature wise, but can you go the other way even further? (Super simple?) These are areas that you can explore.
At any rate, keep going. You idea has been validated. It's a big world out there, odds are in the next two months you'll understand that there will be room for you, them, and probably a few others.
Comments
Of course it's normal. Ask everyone from Pepsi to Burger King. :-)
That being said, from the sounds of it, the competitor seems to be very visible in the market. Given that, can you see that there is something that they're not doing? Is there are group of users that are under-served? Do you figure one might surface? It looks like they've got you beat feature wise, but can you go the other way even further? (Super simple?) These are areas that you can explore.
At any rate, keep going. You idea has been validated. It's a big world out there, odds are in the next two months you'll understand that there will be room for you, them, and probably a few others.
Good luck.