Starting a Technology Company in 2004 vs. 1993
Joe Kraus:
I’ve been reflecting on how different it is to start a company in 2004 vs. 1993. While I still break out like a nervous teenager, which looks awfully strange with graying hair, at a professional level, there are three substantial cost differences that make it much easier to start a business on much less capital. I think this is a great trend for entrepreneurs and has a not-so-clear impact on the venture business.
- Cost Difference #1. The tools to develop software cost nothing now.
- Cost Difference #2. Hardware costs are approaching 0.
- Cost Difference #3. Start-ups have access to global labor.
Related Posts
Comments
Leave a Reply
Daily Links on September 20th, 2004 at 3:01 pm
Business Opportunities Weblog | Starting a Technology Company in 2004 vs. 1993
there are three substantial cost differences that make it much easier to start a business on much less capital
Business Opportunities Weblog | Starting a Company in 2004 vs. 1993 on September 20th, 2005 at 9:18 pm
[...] spot on every day. Posted by Dane on September 20, 2005 | 0 Comments In Operations, Strategy Email This Post Possibly Related Entries Starting a Technology Company in 2004 vs. 1993Myths AboutFinancing Your CompanyTrue Friends: Can create an outstanding opportunityBest Business Opportunities For Starting A Small BusinessNew Topics, RevisitedCompeteing On PriceStarting a Business: Advice from the TrenchesWhat No One Ever Tells You About Starting Your Own BusinessFan-A-Mania: Entertainment and SportsAmerican Poolplayers Association: Turn your Passion Into Your Profession! Comments [...]