When the Economy Goes South – Launch a Startup!
While it goes against the media, one of the best times to launch a startup is truly in down times. Many top-notch employees are being laid off and can be obtained at well under market rates, materials are cheaper, office rents tank, everything all around becomes a better bargain. Tom Siebel of Siebel Systems launched his company in 1993, when the economy was on a downswing, and he’s now one of the most weathly Americans. It’s a scary time, but the most brazen entrepreneurs see opportunity – thus while the competition is shriveling up, the smart ones are making a run for it. So while you’re worried about your job, you could be planning your next big break. Boulder has all the resources right here; quit thinking about it and start executing! The time is now!