It is nice to have a good idea to launch a business. It is, also, great to have a team to work with. But, the real question is about "When to launch a business". Timing is crucial detail that needs a special focus.
Many businesses fail just because they have not chosen the right timing to start on. Other businesses have succeeded just because the have chosen the appropriate launching time.
Let's take an example for a business success. Airbnb was launched exactly in 2008, during the economic recession and the phenomenal subprime crisis. Nevertheless, Airbnb has succeeded. It is clear that during that time people are in need of any additional revenue.
Otherwise, if the business (Airbnb) was launched during the rising phase of the economic growth, Airbnb would face many difficulties to find people accepting the idea to share rooms with strangers. So, before launching a business we should focus on some details that may determine its success or its failure.
Otherwise, if the business (Airbnb) was launched during the rising phase of the economic growth, Airbnb would face many difficulties to find people accepting the idea to share rooms with strangers. So, before launching a business we should focus on some details that may determine its success or its failure.
Written by Hachem Jallouli
Bonne reflexion
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