Given the near-constant drumbeat of doom and gloom about the economy (that we’ve been hearing for at least a few years), one could be forgiven for thinking that it’s a horrible time to be in business.
But here’s a short list of some of the successful businesses that were started during recessions – and some were even started in the granddaddy of them all, The Great Depression!:
-Microsoft
-Burger King
-Procter & Gamble
-FedEx
-IHOP
-Uber, Airbnb, Square, and Groupon (during “The Great Recession”, circa 2009)
-Hyatt Hotels
-General Motors
-Hewlett-Packard …
The truth is there’s never a perfect time to be in business, but there are plenty of entrepreneurs not only surviving but thriving in 2023.
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