These are very good times to develop websites. You have a multitude of options to monetize just about any website. There’s extra capital laying around, in case you need to ramp up in a hurry. And most importantly, using widely available open source programs, you can build scalable websites cheaper than ever before.
There’s even a few other mitigating factors that should lend eventual success:
- Bandwith is cheaper than ever
- Mobile internet usage is growing exponentially
- More people are connected to the internet every year than the year before
- Web hosting is affordable
Barrier to entry is very low, but few websites will actually succeed. Many website failures can easily be written off due to a lack of effort and persistence. But for people who are willing to work hard and continually improve their websites and their webmaster craft, there really is no chance of failing.
Go ahead and launch another website. It’s not as easy to succeed as it once was 10 years ago, but it’s not as hard as it ultimately will be in 10 more. Competition will only get tougher, so planting your roots and making your stand right now is a good idea.