Feras Alhlou argues the economy is never uniformly good or bad across all industries. Many successful businesses started during recessions. The key is adapting to changing conditions rather than waiting for perfect timing.
When is the economy at its best to start a business? People ask me this all the time. The question doesn't really make sense to me because it fails to understand basic economics. At all times, the economy is good for certain industries and horrible for others. So the better question to ask is, how do I quickly adapt to changing economic conditions? So don't depend on the economy to start a business. Some of the best businesses were conceived during recessions.
