Business startups have advantages during economic downturns.
- Profit- Driven & cautious
- Modest Growth Rate
- Competitive Disrupters
- Exploit the weaknesses of your competitors
- Responsive to the Market
- Lean and agile
- Navigate rapidly to economic changes
- Identify weaknesses of competitors
- Maximize on opportunities
- Economy have Problems that entrepreneurs can solve
- Focus on the customer and the problem (pain point)
- Find new talent, while big companies are laying off employees
- Investors may decide to invest in your company
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