Starting a business in an economic downturn.
From Entrepreneur .com…
Find your niche, give people what they need, ready yourself, and reap the benefits of launching during a recession.
Read more… https://www.entrepreneur.com/article/351070
Category: Starting Over
For starting a business at home.
From Entrepreneur.com…
Once you have an idea and a passion, starting a business can feel like a whirlwind. While it might feel like you have to dive in head-first right away, taking a step back to plan and organize can set you up for long term growth.
Before you begin your business journey, here are a few tasks and helpful reminders to check off your list.
Read more… https://www.entrepreneur.com/article/348062
We keep telling you, Start Your Business NOW!
The Covid Quarantine Is Fueling a Boom in New Online Ventures. Out of work and with more time on their hands, more people are setting up new websites for entrepreneurial endeavors.
Another example of how this can be the best time to start a business, and starting a new business or entrepreneurial effort is likely a much better use of your time than a constant job search or lounging at home collecting unemployment. This also works for bricks and mortar businesses that have limited or no online presence.
From this article from Inc. Magazine: “Until mid-March, Zach Sass was the executive chef at Nashville Underground, a popular tourist spot known for its hot chicken on Music Row in Nashville. Sass, 31, had been a chef for 12 years, working all over the country and putting in 60- to 70-hour weeks. After Covid-19 forced Nashville Underground and other businesses to close, Sass found himself at home with time on his hands.”
“Sass also needed to figure out a way to earn a living, which is how he came to launch his first website to promote the live cooking classes he’s begun teaching via videoconferencing software. He set up the site with GoDaddy, the Scottsdale, Arizona-based domain registry and web-hosting service. “I’m not savvy when it comes to computers and technology,” Sass says. “I was scared not having any skills.” And yet, he got his site online and has begun teaching online classes, helping people to cook using the ingredients they have on hand in their kitchens and asking for donations between $10 and $100. Much of Sass’s inbound traffic comes from LinkedIn, and he recently started using Google Ads to grow the business.”
Read more… https://www.inc.com/matt-haber/covid-domain-registration-launch-new-websites.html
Categories
Entrepreneurship Spike
Tampa Bay colleges see entrepreneurship interest spike during COVID-19 crisis
TAMPA, Fla. — As Florida’s economy begins to rebound, local education leaders are tracking new opportunities for people looking to launch a new product or service. Several Tampa Bay area colleges are pushing to help people start their own business and become entrepreneurs during the COVID-19 pandemic.
Jim Bardwell, like many people in Tampa Bay, was laid off during the COVID-19 crisis, but he quickly found a solution to help our community and get back to work.
“I kept reading stories about farmers dumping food and people going hungry, and I was just sitting in quarantine putting together how it could work,” he explained.
Bardwell is now purchasing extra produce from local farms and selling it online at buyfarmfood.com, while also allowing all of us to buy food and donate it to families in need.
His story is becoming more common as entrepreneurs think of new ways to develop products or services during the coronavirus pandemic.
Good article by Ross DeVol from Heartland Florida about the importance of entrepreneurs and small businesses to having a vibrant local economic recovery.
Heartland Forward’s report lays out specific ways that cities can—and should—focus on creating environments where new, growing firms can thrive. A brief look at these suggested actions:
- Improve attitudes toward entrepreneurs.
- Enable dealmakers.
- Promote early stage risk capital networks.
- Establish and fund entrepreneurial support organizations.
- Link in corporations.
- Employ new real estate and service provider models.
- Demand university entrepreneurial engagement.
- Position government as a central hub for entrepreneurial resources.
- Build and enhance quality of place and amenities.
“Why The Coronavirus Pandemic Should Motivate You To Start A Company And Eight Excuses That No Longer Matter”
Another article reinforcing our position that downturns are the best time to start a new business or entrepreneurial venture. Read more…
Categories
Where to Start…
Where to start when you have to start over?
Dixie Gillaspie wrote this piece for Entrepreneur Magazine back in 2015, and its even more relevant today, and consistent with what the BusinessFlare Academy is working toward helping those who find themselves in the unfortunate position of unemployment, but fortunately have a vision of their own.
“You never have to start over with nothing so long as you have yourself.”
That’s my standard response to anyone who asks me why I believe personal development trumps any other business or career investment. It’s why I read, it’s why I write, it’s why I work with mentors and it’s why I mentor others. Because every one of those activities builds my personal inventory. They may not make me money, in fact books and mentors usually cost me money, but they make me more valuable, which, in addition to making me more successful now, also makes starting over easier every time I do it.
Read more: https://www.entrepreneur.com/article/246968
This is another article about “survival” entrepreneurs. I still have the print version of this special section from 2009 during the Great Recession when I was economic development director in Miami Beach. Starting a business is better than waiting in an unemployment line (or online), and the normal risk aversion is greatly diminished. This article is what also got me started planning on starting my own firm, which I did when I left city employment 3 years later.
I came across it not long after the COVID-19 pandemic drove us to wreck our own economy, and it is the inspiration to pivot the mission of the Academy to helping the recently unemployed that have entrepreneurial dreams.
https://www.wsj.com/articles/SB10001424052970204475004574127134005990974
Categories
On to Plan B
This, along with one from the Wall Street Journal is one of the articles from the Great Recession that is more relevant today.
On to Plan B: Starting a Business
When her job at Williams-Sonoma ended, Lisa Marie Grillos started a company with her brother, making bags to go on bicycles. She is one of the recession’s many “accidental entrepreneurs.”
English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
Spanish