There's no time like the present to start a new business!
Ever heard the saying "Necessity is the mother of invention"? Take it to heart, because it's true. A tough economy should never stop anyone from starting a new business.
Think about it. Want, need and necessity are words that drive what we all do every day of our lives during ordinary times. During tough times when the economy is not doing so well, needs and desires take on a whole different meaning. The question becomes not so much what we want, but what we need and what is necessary to get by. A lot of fortunes have been made during times when things were uncertain and people didn't know where the next dollar was going to come from. why? Because there are those of us who see the glass not half empty, but half full. These are the times that some people roll up their sleeves and get to work. Seeing a need and filling it, is the cornerstone of a new business.
During a bad economy is when things that were easily gotten, suddenly become out of reach and hard to come by. Figuring out a way to supply those things can be the seed from which a new business idea is born. Often old things can be made brand new again if done with a new spin on it. In other words, try an old idea but supply it with a new perspective. You can also decide to supply these needs to a whole new market.
Lets knock down the excuses one by one.
1. The economy is bad and I can't start a business now.
Nothing could be further from the truth. Business does not stop during a bad economy, it continues, but it changes. A bad economy is a challenge not a stop sign. As stated already. A tough time is when new ideas are born. Difficult times can call for new ways of doing things. A bad economy can often time leave wide open avenues for new opportunities.
2. I don't have money to start a business.
Even if you don't have the money at the moment, you can get started on getting your ideas down on paper and formulating your business plan. Use the bad economy as motivation. Start saving a little or as much as you can. Start spreading the word to people and try to get them on board with your idea.
3. I don't have any business know how or education to start a business.
Guess what? There are no excuses there either. With the tool called the internet that we all have access to today, this so-called problem can be taken care of with the click of a mouse - the kind that comes with a computer. Go online and take a free course. Join a chat board. Read blogs about the business you're interested in. Join the world at large that's buzzing about anything and everything these days. There is so much information out there; hopefully you will quickly develop a thirst for it all. There's no time like the present!