My favorite answer to a question VCs get every time they sit on panels was from Gordon Moore. “When is it a good time to start a company?” someone asked. Moore shook his head incredulously and answered, “When you have a good idea!
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When Is the Right Time to Start a Business? Now. | Fast Company (via noreaster)
Agreed. The idea of “timing the market” seems completely ludicrous to me because, if your goal is to create long-term sustainable value, then when you start doesn’t matter. PLUS, you really have no idea how long something will take to come to fruition (or not). Especially in the first 6-12 months, you’re pivoting constantly as you respond to market feedback and new ideas.
I think people who ask this question are looking for an excuse to not get started because they are afraid to commit.
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