When it comes to business ideas, bigger is definitely better. Why? Let’s face it, starting any business is a risky proposition at best—the main risk being that you might fail. So, if you’re facing the possibility of failing, why not fail big so you learn a lot more! Actually, there are a couple of more serious reasons to think big. 1) Starting a business is a lot of work, whether that business is a small neighborhood shop or the next Internet success, so it makes sense to spend your precious time and limited resources on a grand vision with a bigger payoff than on a small idea that is easily copied. 2) And speaking of being copied, small ideas often are simply replicas of what is already out there or incremental improvements on what already exists, so their chances of success and long-term survival are not high. It’s much easier for competitors to knock off a “me-too” business than one that serves an unmet need in the market.