Competing with a platform as established and dominant as YouTube is a significant undertaking that requires careful consideration of various factors. While it's theoretically possible to create a platform that competes with YouTube, you should be prepared for significant challenges and complexities. Here are some aspects to consider when assessing the business feasibility of such a venture:

**1. Market Analysis:**
   - Analyze the existing online video-sharing market to understand its size, growth rate, and trends.
   - Identify gaps or areas where YouTube might not be fully meeting user needs.

**2. Unique Value Proposition:**
   - Define a clear and compelling value proposition that differentiates your platform from YouTube. This could involve focusing on a niche audience, content type, or specific features that YouTube doesn't offer.

**3. Content Creator Incentives:**
   - Attracting content creators is crucial. Consider offering better revenue-sharing models, reduced fees, or other incentives to entice creators to switch platforms.

**4. User Experience:**
   - Ensure a user-friendly and engaging experience for both creators and viewers. This includes intuitive navigation, efficient content discovery, and high-quality streaming.

**5. Content Moderation:**
   - Develop effective content moderation tools and policies to maintain a safe and respectful environment for users.

**6. Monetization Strategies:**
   - Plan a variety of monetization options, such as ads, subscription models, pay-per-view, or merchandise sales, to generate revenue for your platform.

**7. Infrastructure and Technology:**
   - Building a platform that can handle large amounts of video content and high concurrent users requires robust technology infrastructure.

**8. Legal and Copyright Issues:**
   - Address copyright and intellectual property concerns rigorously to avoid legal challenges from content creators and rights holders.

**9. Marketing and User Acquisition:**
   - Creating awareness about your platform and attracting users will require substantial marketing efforts and potentially partnerships with influencers or content creators.

**10. Competition and Network Effects:**
   - Recognize that YouTube's network effects are strong; it already has a massive user base, content library, and established brand. Convincing users to switch to a new platform can be challenging.

**11. Long-Term Sustainability:**
   - Consider the long-term sustainability of your business model. Generating enough revenue to cover operational costs and ongoing development is crucial.

**12. Regulatory and Policy Challenges:**
   - The online content landscape is subject to various regulations and policies that may impact your platform. Be prepared to navigate these challenges.

**13. Investment and Funding:**
   - Developing a platform to compete with YouTube will likely require significant upfront investment for development, marketing, and operations.

In summary, while competing with YouTube is a formidable challenge, it's not impossible. Success would require a unique value proposition, careful planning, significant resources, and a deep understanding of the online video-sharing market. Conduct thorough research, gather a skilled team, and consider seeking advice from industry experts to increase your chances of creating a successful alternative.