Startup in a Shaky Economy?

I get so energized talking with other entrepreneurs. Yeah, there is a lot of doom-and-gloom news out there, but there are also incredible opportunities for those courageous enough to take action.

Just this week I met with three people who are taking control of their own careers, who are now partnering with Studiofluid to help launch their ideas with impact.

If you find yourself on the fence about your next business move, you might want to give this a read. Business Coach and Venture Capitalist Paul Graham shares his insights on why to start a startup in a bad economy. Some of these really jumped out at me:

• If you’re the right sort of person, you’ll win even in a bad economy. And if you’re not, a good economy won’t save you.
• If you’re worried about threats to the survival of your company, don’t look for them in the news. Look in the mirror.
• Startups often make things cheaper, so in that respect they’re better positioned to prosper in a recession than big companies.
• Another advantage of bad times is that there’s less competition… If everyone else is cowering in a corner, you may have a whole car to yourself.

Also worth checking out is Paul’s latest company, Y Combinator, which specializes in funding early stage startups.