Strategies for Starting a Business Plattsburgh 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.

Franklin County Industrial Development Corporation
(802) 524-2194
PO Box 1099
St. Albans, VT
 
Onondaga Community College SBDC
(315) 498-6070
920 Albany Street
Schenectady, NY
 
SUNY at Farmingdale SBDC
(631) 420-2765
2350 Broadhollow Road
Farmingdale, NY
 
Stony Brook Incubator @ Calverton Satellite
(631) 727-3992
4603 Middle Country Road
Calverton, NY
 
Lake Placid Satellite
(518) 564-2042
216 Main Street
Lake Placid, NY
 
Vermont Small Business Development Center Burlington
(802) 658-9228
60 Main St
Burlington, VT
 
Binghamton University SBDC
(607) 777-4024
7A Harriman Campus Road
Albany, NY
 
Fishkill Satellite
(845) 897-3945
2350 Broadhollow Road
Farmingdale, NY
 
SBDC at York College
(718) 262-2880
Room 107 94-50 159th Street
Jamaica, NY
 
Cortland County Satellite
(607) 756-2814
37 Church Street
Cortland, 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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