The COVID-19 pandemic still affecting communities around the world, so it may seem a bad time to start a business.
However, many successful companies have been founded during downturns, recessions, and depressions.
For example, Allstate was started during the Great Depression, and Uber was founded during the Great Recession.
A recent infographic (below) from Business Financing takes a look at those firms and 124 others that were founded in tough economic times.
Check out the infographic:
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126 Successful Businesses Started in Tough Economic Times [Infographic]
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ABOUT THE AUTHOR
Ayaz Nanji is a writer, editor, and a content strategist. He is a co-founder of ICW Media and a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, and the New York Times.
LinkedIn: Ayaz Nanji
Twitter: @ayaznanji
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