4 steps to build a business during an economic downturn - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

I launched okta during the 2008 recession, and it's now a $25 billion company. Here are my 4 recommended steps for starting a business during an economic downturn

. The bar is higher for startups to raise money now, but the best companies tend to find the resources they need, regardless of what the economy is doing.A business that finds itself selling more of a nice-to-have vitamin than mission-critical medicine will quickly find itself sidelined. When business leaders are concerned about the economy, they scrutinize the bottom line even more.

Entrepreneurs should comprehensively evaluate and understand the reach, scale, and demand for a business offering before jumping in to build it and, once they do, not get carried away with the highs and lows of the stock market. Your business needs to fulfill a specific and long-lasting need, but you also have to ensure you'll have a path forward when needs change.

In the PowerPoint deck I presented to my wife, I outlined every practical concern, including how we would manage health insurance, how my salary would work, and how we'd handle major expenses. I listed feedback from all investors , where financing would come from, and four scenarios of outcomes so we could prepare for the best and the worst.

 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 729. in İR

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Lean and mean business strategy blew up during coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

How to build trust at work, according to a Salesforce SVP - Business InsiderEmployees who trust their bosses have more energy, less stress, and fewer sick days. Here are 4 ways to establish trust with your workers, according to a senior vice president at Salesforce Why does she look like the smiling Titan? 😂 ❤️ TanveerMian16 g tusi b henj day baas bano...
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Jeff Bezos plays it safe during first Congressional hearing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. And it didn't work. Tf u mean, his rich n shiny head is literally a spotlight. bkindngood It’s about time.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

A founder started a sex toy business after microdosing on psychedelics - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. TheCannaWriter You don’t need drugs to come up with emoji sex toys. I could’ve done that with a beer 😂 TheCannaWriter Well from HCQ disinformation campaigns to promoting psych drugs for sex toy idiots, BI has lost their minds!!!! TheCannaWriter Yep he did, and as a result they eventually lead to his early death!
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Dunkin' plans to cash in on local coffee shops going out of business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. if anything should be small and locally owned, it's a coffee shop, to benefit so many more people. It’s gonna be five months since I’ve had Dunkin😭
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »