Thursday, July 28, 2005

It is 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. Come on! Take the jump and start living the dream!

Here is a good blog post on how the costs of entrepreneurship are dramatically lower today than just 5 to 10 years ago.

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

If you are adventurous enough to outsource yourself to a lovely country like Malaysia, then you can cut your startup costs by another huge factor! :-)

MindValley took two guys and a credit card to start and now we are self funded and have the money to re-invest in growing our business with a world class team of brilliant young, energetic, and passionate people that believe they can change the world!

Mike

Blink It

6 Comments:

Blogger anniebee said...

Not much chance of being an entrepreneur when you live on disability benefits unfortunately! I'm liking BlinkList, but need to set aside some time to really get my head around it.

4:24 PM  
Anonymous Anonymous said...

Hi Annie, you are probably right. We all have to make the most of the cards that we are dealt with and sometimes that really limits what we can do.

However, then I remind myself of wonderful people like Ray Charles.

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