It’s official: The Internet is the best business start up opportunity you can dream of in a recession. Time Magazine must have read the free report I mentioned in my last blog post. The magazine devotes 3 full pages in its latest edition to “Get Rich Slow: There’s never been a better time to bootstrap your own Web business.”

Here are the 5 tips from the article on “How to Start a Start-Up:”

1. Find a co-founder
2. Find a problem to work on
3. Launch something simple quickly
4. Iterate rapidly in response to users’ reactions
5. Meanwhile, be cheap

I applaud them on tip 1: Find someone to partner up with who complements your skills. Going it alone will pretty much be a recipe for disaster.

If you want the full report about the recession and the internet, it’s available here:  http://tinyurl.com/cznpjk
You’ll find the Time article here: http://tinyurl.com/cjuxg8

Tags: free report, internet business, Time magazine

This entry was posted on Saturday, April 18th, 2009 at 9:23 pm and is filed under Business opportunity, Internet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.