Strategies for Starting a Business Hagerstown MD

You hear it everywhere, every day. The market is down. Times are tough. People are struggling. But what if an unstable economy is the perfect timeto start a business? That-s exactly what Tony Hawk did when he created a multimillion-dollar skate boarding empire during a flat market and waning public interest.

West Virginia University SBDC
(304) 293-5839
400 W. Stephen Street
Martinsburg, WV
 
Eastern WV Community & Technical College SBDC
(304) 434-8000
400 W. Stephen Street
Martinsburg, WV
 
New Frontier MD Bus
(301) 791-3801
49 Summit Ave Ste 101
Hagerstown, MD
 
Allegany Business
(301) 665-3780
17611 Virginia Ave
Hagerstown, MD
 
Service Management Systems Inc
(301) 582-1222
17301 Valley Mall Rd
Hagerstown, MD
 
Blue Ridge C&CT SBDC
(304) 260-4385
400 W. Stephen Street
Martinsburg, WV
 
Howard Consulting Group
(301) 733-2807
304 E Wilson Blvd
Hagerstown, MD
 
Cyberlock Consulting Inc
(301) 766-4005
471 Westminster Ct
Hagerstown, MD
 
Fox Sales & Consulting Inc
(301) 733-8505
89 W Lee St
Hagerstown, MD
 
McCurdy & Singer
(301) 797-2485
864 Jefferson Blvd
Hagerstown, MD
 

Strategies for Starting a Business

You hear it everywhere, every day. The market is down. Times are tough. People are struggling. But what if an unstable economy is the perfect timeto start a business? That-s exactly what Tony Hawk did when he created a multimillion-dollar skateboarding empire during a flat market and waning public interest. Here-s what Tony has to say about using tough times to your advantage:

Know it is risky, but do it anyway. "I felt like if I could start a company when skating was at one of its deadest states, then if it takes off again, we set ourselves up to be in a position of prominence and we-d just ride the wave."

Recognize the advantages of a flat market. "For someone to come in once the sport takes off, it-s just going to take way too much capital and way too much marketing money to get in a position to be recognized."

Make sure you are passionate about your idea or product. "I focused all of my energy on it because I loved it so much and I felt like, you know, I want to make this happen."

Don-t just grab deals as they come—scrutinize. "I learned the hard way not to hand everyone the keys to all your opportunities. I gave them the power to have the final say in projects and deals and it cost me."

Click here to read the rest of the article at SuccessMagazine.com