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7/18/2014

5 Reasons Now Is The Best Time To Become An Entrepreneur | LinkedIn

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5 Reasons Now Is The Best Time
To Become An Entrepreneur
July 17, 2014

July 17, 2014

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5 Reasons To Start Blogging And
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Entrepreneurship is in the air. 54% of Millennials either want to start a business or have
already started one according to a 2011 Kauffman Foundation Survey. In addition, 21% of
freelancers are still enrolled in university. The barriers that discouraged previous generations'
entrepreneurial aspirations have all but crumbled for todays entrepreneur. The only viable
excuse for not starting a business today is simply that you do not desire to do so.

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1) Start-up Costs Are Zero.


For a business to appear legitimate in the ancient days of the 1990s, a business needed a
physical location (storefront or office), a copier, fax machine, expensive phone system, a
neon open" sign and a receptionist.Today all that is needed is a website, blog, or Facebook
page ($0) and a device that is connected to the Internet ($0 since youre probably reading this
from said device). No more need to max out credit cards, dance for venture capitalist or move
back in with your parents to fund your idea.

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2) Technology Enables Hyper-connectivity.
Mobile technology, cloud computing, blanketed city WiFi and LTE 4G cars enable todays
entrepreneur to work, collaborate, and market from home, the local coffee shop, the beach, or
on a road trip. Millions of small businesses are run 100% virtually from a laptop, tablet, or
business apps. In fact, j2 Global found that 36% of Millennial entrepreneurs use more than 5
mobile apps to run their businesses.
3) Endless Available Resources & Tools.
Anyone who can leverage todays hyper-connectivity is at no loss for learning anything. I dont
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7/18/2014

5 Reasons Now Is The Best Time To Become An Entrepreneur | LinkedIn

know how to build a website or use social media or start a podcast or advertise through
Facebook are now extinct excuses. Tony Robbins says it beautifully, The defining factor is
not resources, it's resourcefulness. That has never been more true than today. You can use
free services like Google, YouTube, podcasts, Udemy, or Coursera to quickly gain the
knowledge and skills needed to launch your business. Then find the free (or close to free) web
services to manage and grow you business (ex: email, task/project management, virtual
assistants, online collaboration and sharing, etc.) It's simply a matter of resourcefulness.
4) Free Global Marketing.
After you launch your business in a coffee shop in an afternoon for $0, you can begin to
market your product or service to the worldfor free. Social media is a global gateway to
connect with potential customers. It takes the right posture and a consistent investment of
time. Another free global marketing strategy is content marketing. Content marketing is a
marketing technique of creating and distributing relevant and valuable content to attract,
acquire, and engage a target audience. Content marketing could be constantly blogging
around a specific topic or writing for other publications/blogs or posting your content via
relevant social networks.
Related Read: 30 Bold Social Media Statements You Need To Hear

People Similar to Ryan

Ashley Jenkins 3rd

5) Innovative Problem Solvers Are Invaluable.


Where would any of us be without people who discover new solutions that serve a need in the
marketplace? Still bewildered by fire and sleeping outside, I'm sure. Innovative problem
solvers are truly invaluable to our economy and the wellbeing of humanity. Mega change is on
it's way and we need forwarding thinking entrepreneurs to help chart the right course.
By no means is entrepreneurship easy. Its a journey that will always require extreme
amounts of discipline, focus, resilience, and passion. But the path to entrepreneurship has
never been more inviting and accessible. Venture on.

Chief Catalyst Coordinator at Ryan Jenkins,


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Question: Whats holding you back from launching your business?

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23 comments

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Jon Shadel
Writer & Project Manager at MEDIAmerica
Great article, but "Free global marketing" is a bit of an overstatement. Here's why: for an
entrepreneur, particularly a "solopreneur," time is a limited and valuable resource. And content
marketing and social media are time-exhausting tools that require authentic and creative
strategies. Sometimes, if it's in the startup's deck of cards financially, outsourcing some of

https://www.linkedin.com/today/post/article/20140717215313-6305797-5-reasons-now-is-the-best-time-to-become-an-entrepreneur?trk=tod-home-art-list-large_0

2/5

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5 Reasons Now Is The Best Time To Become An Entrepreneur | LinkedIn


these tasks--at least the strategy/planning--to a consultant can save considerable amounts of
time and maximize rewards. Either way, it is never free. The greatest challenge any
entrepreneur will face is how to spend their time in effective ways. Thanks for sharing.
Like (6)

Reply

9 hours ago

Said Hasan, Denis Cadir, Albert Sirignano, +3

Chris Kalaboukis
CTO, startup founder, inventor, blogger, author, futurist & geek.
Great post but I hate to be a bit of a downer - while its easier than ever to start a business, its
also more difficult than ever to be heard above the noise. Your business really need to serve
either a want or a need in an amazing manner, way better than your competitors. For that to
happen, you need to be a ceaseless networker - there are plenty of similar ideas out there, the
successful ones always have that stroke of luck which propels them out of the crowd. And
usually that stork of luck comes from making sure that the right people know about you. For
example, look at Yo! - if its weren't for them finding an investor who was willing to pony up $1M,
do you think they'd have 1000+ word articles written about them on Mashable? ;) Look at things
like Product Hunt - that thing flew due to the hard work AND networks of their founders.
Like (4)

Reply

6 hours ago

James Clarke, Said Hasan, Albert Sirignano, +1

Daniel Spencer
Business Owner
Nicely put. It's the truth. Sometimes its not knowing what business to open.
Like (2)

Reply(1)

11 hours ago

Michael Malina and Jide Amao


1 Reply
Jide Amao
London360 Producer at Media Trust
I agree. The concept of a business is the hardest to think of nowadays, but the
resources to start a business keeps growing every day.
Like

10 hours ago

Vasos Panagiotopoulos
BioStrategist at Samani BioStrategist.com
Genentech, Microsoft and Apple all got started during the 1970s recession. I understand even
GE has a similar story.
Like (2)

Reply

12 hours ago

Said Hasan and Manjeeth Rai

David Bacon
Digital Marketing & E-Commerce Consultant
Seeing lots of posts around Buy Now functions for Facebook and Twitter. If only these rumours
could be true in the UK. Any updates welcomed :-)
Like (1)

Reply

12 hours ago

Walid Saad - MBA

Moshe Anisman
Solopreneur & Freelancer at Stealth Company
Once you find that business you know and love doing it is indeed quite easy to set it up and run
it.
Making a living is a different story :)
Like (1)

Reply

4 hours ago

Walid Saad - MBA

https://www.linkedin.com/today/post/article/20140717215313-6305797-5-reasons-now-is-the-best-time-to-become-an-entrepreneur?trk=tod-home-art-list-large_0

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7/18/2014

5 Reasons Now Is The Best Time To Become An Entrepreneur | LinkedIn


Jide Amao
London360 Producer at Media Trust
This article pointed out all the truths in starting up a business. It's nice to motivate those who
want to start a business but have no idea how to begin. This article has definitely inspired me to
take that first step into the world of the entrepreneur.
Like (1)

Reply

10 hours ago

Said Hasan

Dave Spence
CPA & CFP| Fee Based Investment Advice | IRA Rollover Expert | Estate Planning |
Business Succession Planning
It's the future...make sure you have a plan that provides a good foundation and direction.
Like

Reply

12 hours ago

Jennifer Sweet
Business Consultant at Central Payment
Dave S. Having a plan is the only way to get things done.
Like

Reply

11 hours ago

Alexandre Felix
Owner at Convergir | Entrepreneur | Business Consulting & Real Estate Investments
Concordo plenamente.
Like

Reply

11 hours ago

Alexandre Felix
Owner at Convergir | Entrepreneur | Business Consulting & Real Estate Investments
Concordo
Like

Reply

11 hours ago

Dave DaCosta
Results-oriented Marketer, New-product Developer, Project Manager and People
Leader with technical background
This article is great to bring to life the way digital has disrupted the traditional business
models...in a matter of a few years!!
Like

Reply

10 hours ago

Robert Herwynen
Website Developer / Marketer
Point 5 "Innovative Problem Solvers are Invaluable" has always been true. Today the know how
and time savers can deliver much value to those without either in emerging technology. Social
Media and online marketing is an ever changing beast, with many possibilities for those looking
to assist business. A business opportunity in itself.
Like

Reply

9 hours ago

Effat Ali
Assistant Finance Manager at Al-Safat Dhiafa Co. Subsidiary of Al- Safat Investment
Co.
Yes we can do it
Like

Reply

9 hours ago

Mayank Bhasin 2nd


Senior Product Manager at Nokia's Networks business
nice read!!
Like

Reply

7 hours ago

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4/5

7/18/2014

5 Reasons Now Is The Best Time To Become An Entrepreneur | LinkedIn

Cherie Buckley
Independent Distributor at Organo Gold
CHANGE is definitely happening!! Thanks for sharing, Jas.
Like

Reply

6 hours ago

Sachin Jaisani, FRM


Finance
Good article !
Like

Reply

6 hours ago

Lilian Norris
Artist/Designer Writer Educator Project Manager Marketing Specialist
Great article. As others have mentioned, going at it on your own can seem scary at first. Also,
sometimes the direction of where to go can be vague to you in the initial stages, but following
your passions will reap larger rewards in the end- monetary and inner fulfillment. As they say,
do what you love and do it passionatel, and the money will follow. If anyone wants an awesome
way to help jump start your new entrepreneurship endeavor, attend http://bit.ly/1oNw20j
FTX2014 Full Throttle Experience - 4 Day LIVE Leaderpreneurship Conference in Tampa this
September 17-20. I attended last year and it was an amazing experience! Having great mentors
that inspire you, help to shift your way of thinking, and get you headed in the right direction
makes all the difference. If you want to make a big difference in your life, I hope to see you
there.
Like

Reply

5 hours ago

Sachin Agrawal
Functional Consultant at Sonata Software
Very well written article, but one needs an idea that too be unique to work to become an
entrepreneur,,.
Like

Reply

4 hours ago

Myles J. Robinson
Connector Influencer Marketer Tar Heel
This was amazing. Thanks for sharing.
Like

Reply

4 hours ago

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