Strategies for Starting a Business Bronx NY

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.

Abyssinian Development Corporation Outreach
(212) 368-4471
4 West 125th Street
New York, NY
 
LaGuardia SBDC
(718) 482-5303
30-20 Thomson Avenue, Suite B
Long Island City, NY
 
SBDC at Bergen County
(201) 489-8670
355 Main Street
Hackensack, NJ
 
Brooklyn
(718) 797-0187
25 Chapel Street, 11th Floor
Brooklyn, NY
 
White Plains Outreach
(914) 948-2110
108 Corporate Park Drive, Suite 101
White Plains, NY
 
Lowville Satellite
(315) 782-9262
30-20 Thomson Avenue, Suite B
Long Island City, NY
 
Midtown Manhattan SBDC
(646) 312-4790
55 Lexington Ave., Rm 2-140
New York, NY
 
SBDC at York College
(718) 262-2880
Room 107 94-50 159th Street
Jamaica, NY
 
State University College at Buffalo SBDC
(716) 878-4030
25 Chapel Street, 11th Floor
Brooklyn, NY
 
Small Business Development Center
(914) 375-2107
108 Corporate Park Drive, Suite 101
White Plains, NY
 

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