Guest Author | Tom Demers
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. Still not convinced? Get more details about why now is the time to launch your startup in the infographic below.
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