It may seem counterintuitive, but downturns and bear markets present an opportunity for entrepreneurs to start a new business. Because the “uncertainty” that traditional businesses, not to mention financial markets, reputedly hate, isn’t an issue for entrepreneurs. The current downturn, often referred to as the Great Lockdown, is likely to produce permanent changes in how and where we do business: home versus office; electronically versus face-to- face. Read More...
A recession is a great time to start a new business
It may seem counterintuitive, but downturns and bear markets present an opportunity for entrepreneurs to start a new business. Because the “uncertainty” that traditional businesses, not to mention financial markets, reputedly hate, isn’t an issue for entrepreneurs. The current downturn, often referred to as the Great Lockdown, is likely to produce permanent changes in how and where we do business: home versus office; electronically versus face-to- face.
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