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5 Reasons to Start a Business During a Recession

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  • čas přidán 16. 10. 2022
  • Recessions are no laughing matter but they can be an awesome time to start a business. Here are five reasons to start a business during a recession.
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Komentáře • 20

  • @jotham123
    @jotham123 Před rokem +2

    Great video mike! You Sir are under rated on youtube. Thank you for the great video!

    • @MikeGastin
      @MikeGastin  Před rokem

      Thank you for the kind words. 🙏🏼

  • @jotham123
    @jotham123 Před rokem

    I've thought about why it might be a good or bad idea to start a business in these interesting times and this perfectly covers my questions.

    • @MikeGastin
      @MikeGastin  Před rokem

      It really can be a great time. Of course, we never know what each recession will be like and running a business in good times or bad isn't for everyone. But, if you can make it work, there are a lot of benefits to be had.

    • @balex556
      @balex556 Před rokem

      well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you with this services

  • @prhasn
    @prhasn Před rokem

    Excellent advice.

  • @andreventer2703
    @andreventer2703 Před rokem

    Love the video!
    I definitely think that diversifying as much as possible with as much creative ideas is the way to go :)

    • @MikeGastin
      @MikeGastin  Před rokem +2

      Agreed. Multiple income streams or wealth-generating assets. It’s the way to go, if you can crack the code.

    • @1026JMS
      @1026JMS Před rokem

      @@MikeGastin That topic could be an amazing new video.

    • @MikeGastin
      @MikeGastin  Před rokem +1

      You know, not a bad idea! Added to my list ... thank you. 👊🏼

  • @Dev-zk9ev
    @Dev-zk9ev Před 10 měsíci

  • @mohieddinecharfi3502
    @mohieddinecharfi3502 Před rokem

    Amazing video Mike and great points! Do you mind telling me what camera you used to record this video? The quality looks amazing! Thank you

    • @MikeGastin
      @MikeGastin  Před rokem +1

      Thanks, man! My camera is a Canon 80D and I'm using a "nifty fifty" lens, i.e., a 50mm Canon. Hope that helps.

    • @PhotoGirl782
      @PhotoGirl782 Před měsícem

      ​@@MikeGastinyes it does 👍

  • @gauchosmart
    @gauchosmart Před rokem

    A recession is a terrible thing to waste

    • @MikeGastin
      @MikeGastin  Před rokem

      Well said, Julio, well said. How has your business been doing and where do you see the best opportunities right now?

  • @medusasworldofstone
    @medusasworldofstone Před rokem

    "Heyyy, its'yaboi Mike"..
    Just a quick suggestion: the animal care business is growing and its easy to start part time. I started caring for animals about 4 years ago (boarding, daycare, etc). Switched to full time working from home and it pays the bills and leaves money to play with. Great vid, Mike.

    • @MikeGastin
      @MikeGastin  Před rokem +1

      That's pretty cool. I would imagine there's more demand since everyone went and got dogs during the pandemic. Thanks , man!

    • @balex556
      @balex556 Před rokem

      well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you with this services