Louis Borders tells startup founders to 'be ready to pivot' - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

'Never in my lifetime': Louis Borders has founded 2 multi-million-dollar companies over the last 50 years, but he says the downturn has created a completely new world for startups

Louis Borders has seen the economy go through its ups and downs over the last half-century, but says that he's never seen a recession come close to the scale of the current downturn.

But other startups in industries hit harder by the coronavirus might not have it so easy, Borders acknowledged."Be ready to pivot, and pivot hard," Borders advised. Louis Borders has watched the economy go through some dramatic cycles over the last half-century, boosting businesses to sky-high levels and then dragging them down.

"In my lifetime, we haven't had anything like this," the 71-year-old entrepreneur told Business Insider. "It's a completely new world."

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

J'aimerais offrir au sein de petits groupes une nouvelle génération de constructions mentales partager avec des chercheurs humanistes ayant le cœur de l'action possible pour obtenir des changements intégrant choix techniques les plus efficaces rentables pérennes D' humanité &Gaïa

Wow, Webvan was a cool idea, but obviously 2 decades before its time. I actually think it was a much better idea than InstaCart, as the picking and delivering from the store to me is insane. My change was always to force customers into localized delivery windows.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 729. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Shining a Light on the Mask MarketHow one business pivoted to masks as the crisis began.
Fonte: Slate - 🏆 716. / 51 Leggi di più »

How the Bronx Night Market founders plan to reopen after coronavirus - 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. Get 🌞 The evidence is becoming compelling that Vitamin D deficiency is a major underlying cause of the severity and mortality of COVID-19. Vit D deficiency also linked to Kawasaki disease in children. Profound effect on prostate too.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

A long economic crisis will be the end of founder-friendly deal terms - 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.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

15 tech startups poised to come out stronger from the COVID-19 crisis - 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.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

The SBA signaled startups could apply for loans, but some urge caution - Business InsiderThe government is now giving startups a green light to participate in its $670 billion small-business loan program, but at least some advocates are urging caution
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »