Strategies for Starting a Business Aurora CO

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.

Denver Metro SBDC
303-620-8076
1445 Market Street
Denver, CO
North Metro SBDC
(303) 460-1032
3645 W. 112th Ave
Westminister, CO
Blackstone Consulting
303-344-4205
18500 E 6th Ave
Aurora, CO
Aurora Financial Services
303-745-3962
12203 E Iliff Ave Unit S
Aurora, CO
Small Business Development Center
303-361-0847
9915 E Colfax Ave
Aurora, CO
Colorado SBDC
303-892-3864
1625 Broadway Suite 2700
Denver, CO
South Metro Denver SBDC
303-795-0142
6840 South University Blvd.
Centennial, CO
Back Flow Consulting Testing & Repair Inc
303-537-0126
15403 E 17th Ave
Aurora, CO
Tana Business
720-859-7170
16251 E Colfax Ave Ste 208
Aurora, CO
Viewpoint Coaching
(303) 617-2300
11059 E Bethany Dr Ste 200
Aurora, CO

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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