4 ms·
Mike Butcher: There is no better time to start up a startup
- pclark 17y ago> the real entrepreneurs who have been waiting in the wings for the perfect conditions for a startup: a downturn
- _pius 17y agoI know, seriously! I don't know about you, but I've been sitting on all of my ideas, patiently avoiding making any forward progress all in hopes that someday soon the economy would tank so I'd be able to bust out of the starting gates with my amazing ideas right when the time is right and my would-be competitors have trouble getting second round funding. All those people who've been executing their ideas without the patience and fortitude to wait for this downturn are such suckers!
- pclark 17y agoI actually agree with the above quote to a certain extent, if you remove the "real" its 100% correct. 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.
- _pius 17y agothere 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. :)
- halo 17y agoWhere are all the articles about when it's a bad time to start a startup?
- pclark 17y agohe never said that. He's simply stating that this year is a better time to startup than, say, five years ago.
- jasonlbaptiste 17y agoWe're sorry, the article you are looking for is not yet available on mobile, please go back to the main site or choose one of the following links I hate that shit. More so the redirect to the mobile site and not the actual article. Sincerely pisses me off
- pclark 17y agowow, thats retarded.
- pclark 17y agowhy did someone rename this post from "There is no better time to start up a startup" -- Mike Butcher to the current title? weird.
- maxwin 17y ago--->" In a recession, human resources are cheaper as more skilled people come on to the market. Costs, such as office space and PCs, are lower." 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.
- swombat 17y agoThat's one (very risky) way to start a start-up. I prefer the safer, "let's fund ourselves from revenues" approach. And, from what I've observed, it's the only one that works reliably.
- netsp 17y agoThere is a difference between taking risks and thinking out of the box even if it seems stupid to outsiders and being purposely stupid.
- tybris 17y agoActually, a better time would have been a couple of months ago. You're late to the party.
- maxniederhofer 17y agoThe economy is a rounding error in predicting the success of a startup. Paraphrased from pg.
- paraschopra 17y agoEvery two months or so I read such articles. Wonder when is it actually the best time to start. Now?