Starting a Business in a Recession
[Flickr: billaday - CC license]
Sure there’s a recession on, but people bootstrap startup companies all the time. So what does it matter if you start one now? If you’re thinking about starting a business, here are some tips from ReadWriteWeb.
- Don’t focus on growth; focus on cash preservation
- Work out how to monetize social networks
- Don’t make new commitments, look for opportunities in mobile technology
- Strike while there is less competition
- Look to the virtual world and expect to nurture your product for 7-8 years
Looking for startup funding? Brainz has an article on sources of business startup funds. And when you’re working on hard on your business just remember to have balance and use problem-solving techniques to achieve your entrepreneurial goals.
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Can You Earn A Living Online?
Short answer: yes. I'm doing it. So are others. The hard part is, it takes time. I took me nearly a year because I didn't know about real opportunities. So, in the spirit of this site, I'll teach you what I know + what I learn along the way. For free. No tricks. But if you're not serious, find something else to do. Because patience and knowledge makes a difference. Note: This is not another "internet marketing" site. It's about actual opportunities, what they are, and how to find them. Yes, marketing yourself online will be a part of the process, but it's not about selling software to people to teach them to sell software. Get my meaning?
Short answer: yes. I'm doing it. So are others. The hard part is, it takes time. I took me nearly a year because I didn't know about real opportunities. So, in the spirit of this site, I'll teach you what I know + what I learn along the way. For free. No tricks. But if you're not serious, find something else to do. Because patience and knowledge makes a difference. Note: This is not another "internet marketing" site. It's about actual opportunities, what they are, and how to find them. Yes, marketing yourself online will be a part of the process, but it's not about selling software to people to teach them to sell software. Get my meaning?
