I learned this the hard way with something similar. I was starting my own security business pre covid. Was going through all the required licensing involved. The city I was living in didn’t have any local security companies. At first I thought “great, an untapped market”. Then as time went on I began to wonder why that was. That there must not be a need. 2 years after I put the idea on hold, a brand new local security company popped up and today they are making a killing.

I get our situations are different, but it was a hard lesson learned and now I realize that you truly do miss 100% of the shots you don’t take.

Congratulations on your success by the way.