Business Opportunities Weblog

Startups on the Cheap

By on June 30, 2005 in Ideas

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

There’s never been a better time to be an entrepreneur because it’s never been cheaper to be one. Here’s one example.

Excite.com took $3,000,000 to get from idea to launch. JotSpot took $100,000.

Why on earth is there a 30X difference? There’s probably a lot of reasons, but here are my top four. I’m 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.

operations

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 12,203 posts to the site.

Another Idea: How to Start a Consultant Time Management Business

  • http://www.homeofficevoice.com Martin Neumann

    a Bigger marketplace (the Internet) and growing confidence in e-commerce are what to me have made these the best of times for entrepreneurs.

    As for the 30x to start up, I guess it’s how fast they want to establish themselves in the marketplace – money can buy you decent ad agency services, pr, sales staff and so on …

  • http://www.vpfund.com/archives/2005/07/the_democratiza.html Clarence Wooten

    A lot has been said about Joe’s post during the past few days. Which made me think — is it also a great time to be an investor?

    I think so and provide reasons why in my post, Web 2.0: It’s a great time to be an investor. It would be great to get feedback to see if others feel the same. It’s clear that Web 2.0 is not only changing the rules for entrepreneurship… it is also changing the rules for angel and venture investing.

Today's Posts