Calgary Herald «April 9, 2015»
When is the right time to try something that has never been done before?
By Kim Smith via Capital Ideas in The Herald
Entrepreneurs discuss the benefits of playing nice with others. Originally published in the Calgary Herald FP section on Thursday, April 9, 2015. Reproduced with permission. See more at: http://capitalideascalgary.com/in-the-herald/when-is-the-right-time-to-try-something-that-has-never-been-done-before-2/
The following response from MG Co-Founder, Kris Hans, was featured as part of Capital Ideas question for the week:
“Right now is the best time to seize the opportunity and start a company. Today it costs 20 per cent of what it would cost five years ago to get a product to market. Crowdfunding has democratized access to capital, lowering barriers for anyone to start a business and innovate. By 2016, you’ll be able to reach over 2 billion people via social networks. Even if you have the latest and greatest, never-been-done-before approach to something, don’t assume you have no competition; competition is more than the obvious direct competitors, it’s also the alternatives.”
Kris Hans, strategist at Market Grade, marketgrade.com