Friday, October 31, 2008

Is this a GOOD time to start a business?

I'm not getting into the doom and gloom about any "crisis" the media is portraying but it does seem that what's happening now is a natural cause and effect and like anything else, it corrects itself. So I'm just BREATHING and continue to focus on the abundance that I'd like to create in my life.

We don't freak out when the leaves start turning colors each fall, do we? When there is a hurricane, we focus on keeping ourselves safe in the present moment but also know it will pass. If there are others that choose not to get themselves to safety, I'll have compassion for them but I do not need to obsess about how their actions will impact my life.

With that said, I think NOW is still a great time to start a business!

Now more than ever it's wise to start thinking of creating income streams in your life that are not controlled by someone else. There are also more resources available now as larger businesses may cut back on marketing, PR, branding, research, etc. You can scoop these people up at very discounted rates or perhaps work out some collaborative trade.

Need funding? There is still a lot of money in circulation, of course, and investors are now considering new opportunities outside of the stock market or real estate. If you have a good deal put together, don't hesitate to start raising capital.

People are coming together to weather the "storm" so that means you have the opportunity to create unique partnerships and receive mentoring from experts.

So there are an abundance of resources out there for you and, yes, it's a great time to start something new. Make sure you tap into doing what you love so your passion will take you through any rough times --- that will be the true measure of how successful you'll be.

No comments: