Strategies for Starting a Business Watertown 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.

Massena Satellite
(315) 386-7312
50 Main Street
Massena, NY
 
Mid-Hudson SBDC
(845) 339-0025
One Development Ct.
Kingston, NY
 
Akwesasne Satellite
(315) 386-7312
100 Reservoir Road Campus
Herkimer, NY
 
Binghamton University SBDC
(607) 777-4024
7A Harriman Campus Road
Albany, NY
 
Lake Placid Satellite
(518) 564-2042
216 Main Street
Lake Placid, NY
 
Rockland Outreach
(845) 356-6065
920 Albany Street
Schenectady, NY
 
New Windsor Satellite
(845) 867-2702
452 Broadway
Monticello, NY
 
Greater Syracuse Chamber of Commerce Satellite
(315) 498-6170
572 South Salina Street
Syracuse, NY
 
Dunkirk Satellite
(800) 522-7232
37 Church Street
Cortland, NY
 
Monticello Satellite
(845) 339-0025
452 Broadway
Monticello, 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