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Why Recessions Are a Good Time to Start a Side Hustle

StartupNation

The truth is, recessions happen, and they happen often. economy has averaged one recession about every four years. They’re not so regular as to be predictable and they cause real economic damage, but they don’t halt business and entrepreneurship entirely. First and foremost, a recession may force change.

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5 Entrepreneurial Trends That Never Go Out of Fashion

Entrepreneurs' Organization

At age 21, I took control of the debt-burdened family business my parents started many years earlier. The business was on the verge of bankruptcy. We have weathered recessions, market crashes, and challenges that would have destroyed most businesses. Does the other person feel good about doing business with us?

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The Benefits of Starting a Business During a Recession

StartupNation

At the time of writing this, the world is in the midst of a global recession. Many who have toyed with the idea of starting their own business pre-pandemic have put their plans on hold as a result. I, though, enthused by my vision, took the biggest risk someone can take: I sold my car, purchased a van and formed my new business.

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Is American Entrepreneurship In Crisis?

Entrepreneurs' Organization

We start half as many new businesses in this country today as we did 30 years ago. I began comparing my personal experience as an entrepreneur starting my business 50 years ago to the entrepreneurial ecosystem today. Indeed, when I started, I had few regulatory and other external obstacles to overcome.

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Cart-e Blanche: Navigating a Brave New E-Commerce World

Revolution

While economists continue to debate the likelihood of a more widespread downturn, something that looks very much like a recession has been plaguing the e-commerce industry for months. New and old businesses followed, creating a surge of new competition for consumers’ attention. Away from most headless commerce.

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Warrior strategies to help you thrive in 2021

Entrepreneurs' Organization

Think about your years as an adolescent or young adult. Who would have ever thought that a government would cause businesses to shut down? Happily, we can prepare for this possibility and have our businesses ready to navigate a crisis. Remember, a business should always be crisis-proofed —prepared for the unexpected.

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My Thoughts on the Current Market: on 20-Minute VC

Both Sides of the Table

It takes time to sell in your software, get it implemented, prove the value, build a business case, gain executive support and then roll it out more broadly. Burn through your cash quickly at your peril. million people lost their jobs in the whole of the Great Recession. 22 million filed in just 4 weeks?—?for

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