If you think "I better not start a startup now, because the economy is still bad" you will be making a comparable mistake to the people who thought during the dot-com bubble "all I have to do is a startup, and I'll be rich." In reality, what matters more is who you are, not when you do it.
Like Paul Graham says, I see startups succeed or fail every day based on the qualities of the founders. The economy has some effect, certainly, but as a predictor of success it’s a rounding error compared to the founders. If you're worried about threats to the survival of your company, don't look for them in the news. Look in the mirror.
Here are some pragmatic reasons from Paul and others to highlight why you might not want to wait for the next business explosion before taking the leap:
Alternatives are not as tempting. If your alternative is no job security, and low pay, why not work for yourself and build your startup? You'll be investing your time and energy into something with more potential upside in future. If you're talented and have always toyed with the idea of a startup, financially it makes sense to do it now.
To read the full, original article click on this link: Startup Professionals Musings: The Economy is a Poor Predictor of Startup Success
Author: Martin Zwilling
