10 reasons why I think now is the greatest time to launch a startup
You should probably consider starting something
Just listen to this:
You can start with the community
I’ve identified ~8000 communities that could be unbundled from Reddit
- They are thriving
- They could make you ~$1m/year of revenue
- You often need $400 max to build MVP to tap that untapped value
- It's fun
Sounds like a dream job to me
People in Silicon Valley don’t have an edge on you
SF held the monopoly on startups for decades. Now, being in SF doesn’t matter for 99% of businesses
Don’t let anyone tell you otherwise
The world is flat and is staying flat
Hell yeah. That feels good to say
You have 10x the amount of funding sources
You used to have to rely on VCs. Not anymore
To name a few:
- Fund via your community
- Fund via NFTs
- Fund via pre-sales
- Fund via tokens
- Fund via accelerators all over the world
- Etc
All of a sudden, you have 10x the options
Niche businesses can be worth billions
People used to laugh at niche. Why “go small” when you could “go big”?
The way to go big right now IS to go small
Large tech companies can’t be everything to everyone