Strategies for Starting a Business East Amherst 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.

Niagara Small Business Development Center
(716) 434-3815
50 Main Street
Lockport, NY
 
Small Business Development Center
(716) 878-4030
1300 Elmwood Ave
Buffalo, NY
 
Madison County Satellite
(315) 697-9817
3215 Seneca Turnpike
Canastota, NY
 
Staten Island SBDC
(718) 982-2560
920 Albany Street
Schenectady, NY
 
Elizabethtown Satellite
(518) 564-2042
7566 Court Street
Elizabethtown, NY
 
Dove Life Solutions, Inc.
(800) 581-0160
PO Box 11
Buffalo, NY
 
University at Albany SBDC
(518) 485-7647
7A Harriman Campus Road
Albany, NY
 
Victor Chamber of Commerce
(585) 395-8410
37 East Main Street on Route 96
Victor, NY
 
Jamestown Community College SBDC
(716) 338-1024
525 Falconer Street
Jamestown, NY
 
Cazenovia Satellite
(315) 498-6070
Wicks Hall, Room 023, 34 Cornell Drive
Canton, 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."

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