Is It a Good Time to Start a Business?

In her “Your Biz” blog on msnbc.com, Eve Tahmincioglu notes that Bill Bartmann, author of “Billionaire Secrets to Success,” believes that starting a business during a recession is a great idea. He cites reasons such as the availability of cheap money and the fact that others are playing things close to the vest.

I have to agree with Mr. Bartmann. As a marketing coach, I hate to see companies turtle away, waiting for the difficult times to pass. But then again, I also realize that it is a fantastic time for those companies (including small businesses and self-employed professionals) that want to take advantage of the opportunities that present themselves.

Don’t withdraw during these less-than-perfect times. Seek out opportunities and more forward. When the economy rebounds, you’ll have moved ahead of your competition.

Source: Self-Employed Professionals