So i had this huge idea and i was going to start it next month but i started to search online and i found 2 other sites that have my idea. This is fustrating because i thought at first no one would have it. The only thing im holding on to is that their sites are not known to a lot of people. Do you guys think i should create my site anyway?

Nope.

Btw guys can you please refrain from just saying one word and not saying why like that guy did up there thanks. I also feel like i should go through with the site because wasnt myspace a big site until facebook came? Thats how i look at it.

Depends what type of site, you'd have a lot easier time if it's unique and not another social networking script u can find online.

You're never going to have a unique idea, just unique execution.

You have to pinpoint what makes yours different (Facebook specifically targeting colleges in the beginning, for example) and make that your main marketing push. Research your competition and list what they are doing right, and what they are doing wrong. How can you capitalize on each? Then continue to have the determination to see it through, don't expect things to happen overnight.

The internet's a big place, if there's only two people doing something there's usually room for a third.

Is all on you. Yahoo was king, before Google. Before those 2, there were other search giants. Can you remember Myspace? That was the social network king back in the days. And then there was Hi5 and others. Point is, if you are willing to work hard who is to say you can't steal the space.... and become king.

Some of the most successful people in history were not people who had original ideas, but people who could either market, execute, or improve existing ideas better than their predecessors.

Before there was Facebook there was MySpace. Before MySpace was Friendster. Before Friendster was six degrees. i was also on lipstickparty and makeoutclub.

My point? It's all essentially the same idea.

I think of starting a business like a race. All that matters is who can get to the end faster to win. The end would be success. Best of luck to you.

Absolutely. There's something you could do differently than the previous 2. You could target a different audience--even the same audience. Your site could offer something different that the others are not.