Did you know that a billion-dollar software company is founded every
three months? Despite the conditions of today’s economy, it’s still
possible to launch a successful startup. There are thousands of
incredible success stories which prove that. Sure, the economy has an
impact, but there are tons of variables shifting in your favor. First,
competition is lower in today’s startup climate. And prices are low –
that means you can get office space cheap and otherwise reduce overhead.
When the economy improves, you’ll have a head start for gains. And
let’s not forget that difficult economic circumstances make consumers
ripe for opportunity – offer up an innovative solution to solve a common
problem, and you’ve literally got it made. Technology is also leaning
in your favor today. Today’s entrepreneurs aren’t faced with hundreds of
thousands of dollars in technology costs and data centers, thanks to
cloud computing. The cloud provides improved functionality, total
customization and practically reduces maintenance to null – all at a
fraction of the cost of traditional data centers.
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