Today, Brad Feld has an interesting post up calling out entrepreneurs on the chicken little cawking the last several weeks.
Brad knows what I know, instead of running for the hills in mass hysteria, realize the opportunity of the now.
Just today, Google’s stock sank to $350, its lowest price in some time. The reason? Numerous citing of reports of the downward advertising spending happening presently or forecasted into the future.
What if I were to flip this article on its head? Instead of seeing it as my cue to exit the stock market, pile cash under my mattress bury cash in my backyard, what if I were to see this as an opportunity?
For companies looking to breakout, the noise in many markets will be cooled for your product to take center stage. New companies now pay a reduced rate to spread their brand and product message to more people. How is this not a wonderful opportunity?
Now granted, my retirement is not in the stock market, and I am many years away from any sort of retirement. Still, for the entrepreneur looking to break out, what an opportunity? You can bet I will be capitalizing on it with my company. When we emerge from this cycle, who will be in the best position to take advantage of the coming upswing?
