What to do if your startup idea is already being taken and is well funded ?

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Imagine there's a small village. Now there's one tea stall already in the village and everybody goes to his stall for having tea. Now if you want to open a new tea stall in the same village then, rather being afraid of competition and because the idea is old you will step out. Try to think of some better services that you can provide. Keep chairs at your stall for customers to sit and drink and keep newspapers to let them read while drinking tea. This would attract more customers even though the idea is already implemented by someone else.  
The key to a successful businesses is not the idea, it's the implementation. 
What if Ola cabs thought that way ? ( Uber already was quite a hit),
If Flipkart thought that way (Amazon was holding the world market for online shopping )
If Google thought that way (Yahoo search engine was quite famous before Google stepped in
if Quora thought that way (Yahoo question and answers was already used by many people)
if all this companies never started because of this question , then what a loss they might have suffered
If you start with something, there's a chance you will fail, but if you don't start means you have already failed.
It's not about the new idea or it's not about the idea at all.
It's about how you implement it, how much you work for it, how much efforts and how much sacrifices you are ready to make. Failure is only in one's mind. 
#Peace

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