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--->" 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 thi
by 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.