TIPS FOR LAUNCHING A SUCCESSFUL STARTUP IN A RECESSION Eric Liboiron | EricLiboiron.co
SEIZE BUSINESS OPPORTUNITIES Before starting a company, it’s vital that you thoroughly assess your current state and potential threats. Doing so will allow you to make informed decisions and improve the efficiency of your business.
AN EVOLVING BUSINESS MODEL Have a flexible business strategy to ensure that you can accommodate the needs of your potential clients.
PRIORITIZE CUSTOMERS AND EMPLOYEES Provide value to your customers to ensure they are satisfied. Leaders must also invest in their employees to ensure that they can retain their talent.
GREATEST VALUE IS INNOVATION To survive a recession, you must start a business focused on bringing real value to the industry.
HOLD YOUR BUSINESS TO HIGH STANDARDS While cutting corners during a recession may be tempting, doing so will only drive a company’s reputation through the mud..