Having a competitor in the market shouldn’t deter you from entering it. That becomes exceedingly true if your approach allows you “to take some of their customers” and if you truly “have validation.”
There’s something to consider though – are you infringing on any of your competitor’s intellectual property (IP)? Having a startup / IP attorney check over your business plan and compare your IP to your competitors can be that last “double check” that you seem to be concerned about.
You can do that at. Our legal platform makes it easy for startups to secure quick, easy, and affordable legal advice. Feel free to message me as well.