I enjoy Paul Graham’s insights to startups and entrepreneurs.
His article “Why to Start a Start up in a Bad Economy” is great reading. Here’s his schtick:
“The economic situation is apparently so grim that some experts fear we may be in for a stretch as bad as the mid seventies.
When Microsoft and Apple were founded.
As those examples suggest, a recession may not be such a bad time to start a startup. I’m not claiming it’s a particularly good time either. The truth is more boring: the state of the economy doesn’t matter much either way.”
And you can see Jerry Kaplan discuss “The Best Time to Start a Company is When Nobody Thinks it’s Possible” at a Stanford’s Entrepreneur’s Conference
It’s sort of like having a kid, there is not a “best time” to have one, you just do it.
- Paul Graham On Why You’re A Mosquito And How Airbnb Is Worth A Billion Dollars (businessinsider.com)
- Leaving a Million Bucks on the Table: Why Flotype Pivoted in Y Combinator (thestartupfoundry.com)
- Agencies As Incubators (neilperkin.typepad.com)
- How to Start a Small Business in a Bad Economy (thinkup.waldenu.edu)