Starting a Technology Company in 2004 vs. 1993
By Dane Carlson on September 20, 2004 in Ideas
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.
Business Opportunities Weblog editor and publisher Dane Carlson
lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001
. He has added 12,209 posts to the site.
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