Jul
2
2009
Jan
10
2009
Start Up from Down
Many famous business veterans have shouted “this great downturn is a good time to startup”, and listed many reasons from an broad and high overview.
Here I am just reiterating and elaborating some of them, because I think they are the most straightforward economic rationales that we should catch this great chance.
- Things are cheap.
It means we pay less for office rent, water, and power, and buy more powerful devices at the same or even lower prices. - Man is cheap.
It means we get paid less for what we do for our employers. On the flip side, we pay less for our employees, but only if we are employers first of course. Do you what your time to be mean to someone, or your money to be worthy to some other ones? It is a no-brainer. - Startup takes time.
It means while we expend less during this great down-to-startup time, we hopefully would ingather relatively more when our return time comes eventually 2~3 years later, when it upturns again.
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