I think, this is right time to start any business because you don’t have anything to loose. Whatever customers you will be getting is your plus point & of course if you can survive in this recession period you’ll definitely bounce back with next boom..
I came across this great blog regarding Funding for Open Source business
So, if you think you have some idea which can be transfered into a big business go ahead & put you business plan to Mark’s blog.
There are certain conditions like
- Business should be Open Source
- Break even in 60 days & profitable in 90 days
- Mark keeps all rights to fund a business or stop funding at all etc..
There are some more conditions, which you’ll find on his blog. Obviously there are hundreds of people submitting their business plans. I am waiting to see how many of them actually get funding & whether this creates some good companies.