This is going to be really simple. Want to know the best time to start a company?
If you start a company now, there is a 100% chance you’ll start a company. If you don’t start a company now – you need to do more market research, you need more savings, you need more nods of approval from your friends, you need to wait for that end of year bonus, you need more <insert excuse> – then the chances of you starting a company goes down every single day.
Life only gets more complicated. You’re not going to ever be in a better position to start a company. You might think you will, but you won’t.
Begin the begin!
I tell this to would-be-entrepreneurs when I talk to them and ask why they haven’t done the idea they’re vetting with me. A great deal of people want to start companies and most of them never do. Know why? BECAUSE THEY NEVER DO!
I had a minor debate with David Moeller when we both spoke about this at the Founder Institute last week. He made some good, logical points, and we came at it from different views as he decided to start a business after thinking it through (again, logical) whereas I just jumped in when I was 21 and figured it out as I went. His way was smarter, for sure. But I believe my way gets the job done. In fact, I’ve done some research and 100% of people who started a business today actually started a business. The rest of the people who wanted to start a business today but didn’t, I can guarantee less than 100% will ever start a business. My way gets the job done!
But wait, some people shouldn’t start a business, so don’t push them into doing it! Really? How do you know who will make it and who won’t? If I piled up my, Raj’s and Danny’s experience before we started Spunlogic in 1998, an ant could jump over it. No one would have bet on us to have the success that we had.
Take the plunge, start your business and deal with the consequences if it doesn’t work out. Life is too short for regrets.