Joe Kraus at Bnoopy has a interesting post on why it is good time to be entrepreneur now days. He came up couple of reasons:
“Excite.com took $3,000,000 to get from idea to launch. JotSpot took $100,000.”
- Hardware is 100X cheaper
- Infrastructure software is free
- Access to Global Labor Markets
- SEM changes everything
First two reasons maybe more related to Information Technology aspect of entrepreneurship, as all new business will heavily require computer hardware and infrastructure software. Nevertheless he has some good thoughts on this topic.
It’s a great time to be an entrepreneur – [Bnoopy]