Joe Kraus on why it’s a great time to be an entrepreneur:

Theres never been a better time to be an entrepreneur because its never been cheaper to be one. Heres one example. took $3,000,000 to get from idea to launch. JotSpot took $100,000.

Why on earth is there a 30X difference? Theres probably a lot of reasons, but here are my top four. Im interested in hearing about what other people think are factors as well.

  1. Cheap Hardware (Moore’s Law)
  2. Cheap Software (Open Source)
  3. Cheap Engineers (in India)
  4. Cheap Marketing (Google)

via Business 2.0.

Originally posted by Dane Carlson on June 30, 2005 in Ideas.


Related Posts