Strategies for Starting a Business Hanford CA

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.

Specialized Business Service Inc
(559) 688-4415
PO Box 1614
Tulare, CA
 
Central Coast SBDC
(831) 479-6136
6500 Soquel Drive
Aptos, CA
 
SBDC at Santa Rosa Junior College
(707) 524-1770
1808 Albany Drive
Santa Rosa, CA
 
Inland Empire SBDC
(909) 781-2345
2990 Innsbruck Drive
Redding, CA
 
Imperial Valley SBDC
(760) 312-9800
301 No. Imperial Ave., Suite B
El Centro, CA
 
Northeastern California SBDC at Los Rios Community College
(916) 563-3220
1410 Ethan Way
Sacramento, CA
 
CSU Monterey Bay SBDC - Gonzales
(831) 675-7232
425 Belden St.
Gonzales, CA
 
The Alliance SBDC - Modesto
(209) 567-4910
1020 10th Street Suite 102
Modesto, CA
 
Small Business Development & International Trade Center
(619) 482-6391
880 National City Blvd., Suite 103
National City, CA
 
Northern California Regional SBDC
(707) 826-3919
1 Harpst Street, House 71
Arcata, CA
 

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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