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CBSMoneyWatch: 10 Reasons Why Ideas Fail

Everybody's Doing it

All too often, people forget about a little thing called competition. If it's an idea worth doing, you can bet that others will follow, especially if the competitive barriers are easily surmountable. Think low-priced solar panels from China. Then there's Pandora. The Internet radio service was recently stunned by news that Apple (AAPL) was working on a competitive product.

(iStock)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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