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Timing: The Most Important Thing In Starting Your Small Business

In this TED Talk, Idealab Founder Bill Gross wonders “What if the most important thing when starting a small business”? Is it having a sound business plan? Is it the core idea? It turns out the x factor is timing. As he puts it in his examples, AirBnB, a business wherein people rent out rooms in their homes to strangers would have been unthinkable-- until the recession came along and put people in need of extra money. The same goes for YouTube which-- while not being the first video streaming service was the first one to come up just as technology caught up with it.

Watch the clip below and help make your business the business it needs to be in 2015.

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