CrazyEngineers
CrazyEngineers

  • Wannabe Entrepreneurs: Is this the right time to start a new business?

    Kaustubh Katdare

    Administrator

    Updated: Oct 26, 2024
    Views: 1.3K
    CEans,

    We've a huge number of wannabe entrepreneurs who are currently working with good companies. Do you think the recession is the right time to quit your job and start your own company? A small business maybe?

    Or should you wait until the things get well, economy recovers?
    0
    Replies
Howdy guest!
Dear guest, you must be logged-in to participate on CrazyEngineers. We would love to have you as a member of our community. Consider creating an account or login.
Replies

  • ms_cs

    Member • Apr 12, 2009

    Though I am a student😉,I want to put my point here...

    If the entrepreneur working in good company means he or she won't miss this recession time...
    Are you sure? This action cannot be undone.
    Cancel

  • Kaustubh Katdare

    Administrator • Apr 12, 2009

    Anyone wants to say something here? 😛
    Are you sure? This action cannot be undone.
    Cancel

  • Anil Jain

    Member • Apr 12, 2009

    Its the best time to start with,

    Reason :- You will find people with good skills in very low rates (as unemployment is at its peak compines are doing layoffs in tons). Also If you are among the layoffs... Think that God is indicating that you should start with your new ideas.

    Who knows we see the next WB or Tata from CE.

    -CE
    Are you sure? This action cannot be undone.
    Cancel

  • Kaustubh Katdare

    Administrator • Apr 13, 2009

    @CB: Just matter of few more months. Crazy Engineers from around the world - impossible is nothing 😉
    Are you sure? This action cannot be undone.
    Cancel

  • Mayur Pathak

    Member • Apr 13, 2009

    I was a 'wannabe entrepreneur' earlier. Now I own a company. Although it is only about a week old, I had put in effort to start my own company since last 1 year. While most might argue recession time is bad to start a business, and some might argue otherwise.

    I have a neutral view. Becoming an entrepreneur is a dream come true for most. But doing actual business can not be a part of the dream, at least for startups. As a businessman, you are essentially a supplier or goods, services or experience to people who need it. It is important that you do business in the areas where demand exists and where the demand is likely to hold strong for few years without making much modification to your product/service.

    Makes sense?
    Are you sure? This action cannot be undone.
    Cancel

  • YourTechMate

    Member • Apr 13, 2009

    I believe if someone has lost job due to recession, there is no other option but to start something new on his own.

    Second scenario, If someone is already in job and has a gr8 business idea. There no wrong time to start it. Its always the right time. All that is required is the business should be based on basic necessities during RECESSION TIMES. Not on luxuries.

    As the customers will shift their focus from luxuries to basic things.
    Are you sure? This action cannot be undone.
    Cancel

  • Saandeep Sreerambatla

    Member • Apr 17, 2009

    IF you want and can start ...
    then start!! even in recession as CB said we can get people with great skills .
    Are you sure? This action cannot be undone.
    Cancel

  • Sarah Johnson

    Member • Apr 18, 2009

    WE ARE!!!! Wish us luck! I think the time is now for this for sure!
    Are you sure? This action cannot be undone.
    Cancel

  • g_rakesh2

    Member • Apr 20, 2009

    I agree with CrazyBoy its a good time...

    And even my 2 friends have started 2 Cad service providing companies...

    Its best time
    Are you sure? This action cannot be undone.
    Cancel
Home Channels Search Login Register