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

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'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."

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

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.

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