SCORE Partner Event-Can You Start a Business in a Recession?
What do Uber, Airbnb, Instagram, Venmo, FedEx, Trader Joe’s, Burger King, and Bath & Body Works have in common? They all started and grew during a recession. Economic downturns can be good for business and good for startups.
Are we entering a recession now and can you start a business in a recession? History tells us that the biggest opportunities await in hard times. Markets become hungry for something different, something better, and more efficient.
You’ll learn the following:
- What are the unique advantages for entrepreneurs in recession times?
- How do small business owners weather the storm and even flourish?
- What should I be doing now to prepare or pivot?
- Why is now a great time to create and find startup investments?
Presenter: Allen Clary
Allen spent more than two decades working for others and climbing the corporate ranks, where he eventually rose to COO and then CEO. Allen now teaches entrepreneurship at the University of South Florida and is an Entrepreneur in Residence at the University of Tampa Lowth Entrepreneurship Center, both nationally ranked entrepreneurship programs. He is a co-founder of one of the largest startup accelerators in the United States and is an advisor to many early stage companies.