Tag Archives: entrepreneur

Why the current economic recession is great for entrepreneurs

The current economic climate is considered falsely by some as a bad moment for entrepreneurship. I can tell from experience and from talking with many top entrepreneurs that this could not be a better time to start new businesses.

Below I will list some of the top reasons why you should start now your new business and what you should avoid.

Pros:

  1. Everything is at a discount (even people).
  2. Starting now makes you a smarter entrepreneur.
  3. There are new opportunities on the market.
  4. Some markets have extended to allow new players to enter.

Cons:

  1. Limited monetary resources to start the business.
  2. Some people and companies have limited willing to pay for products and services.

Continue reading Why the current economic recession is great for entrepreneurs

Share