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When is the best time to start a new company?
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Should you start a new company when the economy is going well all guns blazing or during a recession?
Opinions
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Five reasons why a recession is a good time to start a company -- Melissa Chang
Added by iisbum 3 years and 10 months ago, viewed 447 timesA recession is generally a difficult time for companies that are trying to raise venture capital because VCs are less likely to fund companies when the economy is suffering. For this reason, a recession is not an ideal time to start a company that requires a lot of start-up capital to get off the ground.
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Why Not To Do A Startup -- Matt Maroon
Added by iisbum 3 years and 10 months ago, viewed 359 timesAll of the guys who are and should be doing startups write about how great they are, but I feel like the opposing viewpoint is largely glossed over.
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Starting Up in a Down Economy -- Ryan McCarthy
Added by iisbum 3 years and 6 months ago, viewed 354 timesNobody loves a recession*. But many successful entrepreneurs say that, in retrospect, they were lucky to have launched their businesses in tough times.
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Best time to start a new company -- Ruane11
Added by Ruane11 1 month ago, viewed 11 timesStarting a business is similar to starting a relationship; the best time to start a business is when you have the time to devote your attention to it.
This isn’t to say that there’s anything wrong with starting a part-time business or starting a business when you are still working at a job. People have different energy levels and different capabilities. It’s just to say that to give yourself the best shot at starting a business, you have to be able to focus on it.
The best time for starting a business has nothing to do with how old you are; it’s a matter of where you are in your life and whether you’re ready and able to face new challenges.
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