Mike Butcher: There is no better time to start up a startup
guardian.co.uk
guardian.co.uk
I hate that shit. More so the redirect to the mobile site and not the actual article. Sincerely pisses me off
Right, but this also means that it will be harder to get funding and customers are less willing to pay for your service.
--->"Business plans start to focus on clear revenue models, not crazy ideas."
Wake up! You business people. You can't PLAN a great start up from the beginning. Google didn't have a "clear revenue model" for 4 years. "Crazy ideas" are exactly what we need. If a start up idea doesn't sound crazy to you,i (and others) would have done it already.
All those people who've been executing their ideas without the patience and fortitude to wait for this downturn are such suckers!
I know a lot of people who have recently quit their jobs and are doing a startup - simply because of the down turn means companies are:
cutting back on R&D, giving you a tech advantage
laying off staff, meaning you can recruit easier
there is never a bad time to start up, but I do think some times are stronger than others.
Agreed. I actually upmodded your parent comment as well as the story, but I couldn't help but poke fun at the idea of people timing the market, waiting for an economic downturn before starting their startup. The idea that you can time the market and consciously start a business at The Perfect Time is preposterous. :)