It’s common knowledge that the technology sector is booming, almost globally. Tech companies continue to grow and create value at a pace previously unheard of.
Today, 5 of the 10 most valuable public companies (by market cap) are from the tech sector (via Globevestor). One would expect this to get even more skewed in favor of tech over next few years. In 2016, while the tech sector in US employed only 4% of the total workforce, it created 10% of all new jobs.
You’ve thought about it over & over. You’ve spoken to family, friends & colleagues, and everyone’s been supportive. You’ve got great potential and have displayed it in some way or the other in academics or job. People who matter believe in you. You’re much better than most so-called founders these days. If they could do well, you’ll do great.
Media says this is the golden era of startups. Cost of starting a tech company is very little now. And of course, those who take no risk get no rewards.