Start a Business

Launch a Startup During a Pandemic? It’s Not as Crazy as it Sounds

Launch a Startup During a Pandemic? It’s Not as Crazy as it Sounds

These are hard times for all of us. The pandemic is taking a global toll on our health and our economy. It is a time of tremendous uncertainty. Why would you possibly start a company during such challenging times?

First, there is a history of great companies being started in hard times. Going back more than a century, GE and IBM, Fortune 100 companies today, were founded during the 1890s, a time of great upheaval and tough times with a major banking crisis. In fact, the original J.P. Morgan of banking fame, Director of the White Star Line who built and operated the Titanic, was instrumental in steering the U.S .economy from the brink of collapse in the late 1890s. Read more about J.P. Morgan and how he affected the Titanic’s demise in our book, The Titanic Effect.

The 10 Steps to Physically Starting a Business

The 10 Steps to Physically Starting a Business

Someone who read our startup book, The Titanic Effect, reached out to us to say, “I think I understand the decisions I need to make. Now, I am ready to start my business. What are my first steps?” While our last blogpost shared how to develop a process for making complex decisions, this one is for those of you who are ready to actually start your business. So, here are your first 10 steps. In case that number intimidates you, they are interrelated and can be done concurrently. You are already working on another step while completing an earlier one. And we assume you already have the business idea. These are the steps to physically start that business.