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The best time to start a business

By Francis Moran

To hear many of the speakers at last week’s International Startup Festival in Montréal tell it, there has rarely been as good a time as the present to start a new business. “Now is awesome,” said technology industry watcher Chris Shipley. “Resources for startups are raining down.” Dave McLure of 500 Startups agreed; resources are cheap and plentiful, he said.

This is not to say that either of these speakers believed that launching a startup would be a walk in the park. The tension and worry associated with doing so means that “Tums become a snack food,” Shipley said, while McLure, in trademark fashion, opened his remarks by saying to anyone present who wanted to be an entrepreneur, “You fucking idiots.”

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