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Easy and Entrepreneurship don't go together. Serious comment. But let's bite. - Easy to "register" a business at least in USA ? Very easy. Could be done in 30
by codegeek 3y ago
Easy and Entrepreneurship don't go together. Serious comment. But let's bite.
- Easy to "register" a business at least in USA ? Very easy. Could be done in 30 mins depending on the state you register in.
- Easy to "build" a product or service ? May be. If you have tons of experience in that product/service already. Usually not. In software world, I will concede that it is relatively easier to build things these days because of the ecosystem of libraries/open source/frameworks/tutorial/youtbe etc but easy doesn't mean simple and no guarantee for success.
- Easy to "sell" the product/service ? Very hard.
- Easy to "operate" the business ? people/customers/issues/tickets/hiring/legal/tax/accounting/ops/conflicts/lawsuits/contracts/govt bullshit blah blah. Not even close.
- Easy to "sustain" the business over a period of years ? (Read 7-10 years for anything real). hahahhah.
- toomuchtodo 3y agoEntrepreneurship is for people who perceive and experience stress and chaos in a very particular way.
- codegeek 3y agoYou almost have to "enjoy" some of that stress and chaos in a weird way. The adrenaline rush of having to make so many decisions all the time.
- telesilla 3y ago>Easy to "register" a business Importantly it depends on the country. Some are very easy and small business-friendly. Some are complicated and costly: high compliance fees, small business taxes and strict regulations. Hopefully OP lives in one of the former. Maybe someone here knows a nice list of business-friendly countries, I found - https://www.businessinsider.com/these-are-the-most-business-friendly-countries-2015-1 https://www.businessinsider.com/these-are-the-most-business-... Why does this matter? Anecdotally, I started out in a very friendly country and later moved to one with more restrictions. I'm not sure I would have had the courage to have made it work if I didn't have the earlier positive experience that have me confidence to work through it (and the cashflow to afford the right legal advice), and I've got friends in that more difficult country who decided it was too hard and went to work for someone else or left for an easier country.
- fakedang 3y agoThat list seems pretty rubbish though. Austria and the UAE being comparable in terms of ease of business? Japan and the Netherlands? And no mention of the Channel Islands and Caribbeans at the top? If it were so easy to do so, people would be rushing to set up businesses in NZ. I don't see that happening though.
- sarimkhalid 3y ago100x this. Put very succinctly.