Skip to content

Why You Should Start a Services Business During a Recession

When the economy dips, big business hits the brakes.

They slash budgets, lay off talent, and pause R&D.

This retreat creates a massive opening for nimble entrepreneurs.

Service businesses, in particular, are perfectly positioned to take advantage, with less risk than product-based businesses.

Why? Because service businesses come with:

  • Lower startup costs
  • Faster path to cash
  • Flexible offers that meet shifting demand
  • The ability to serve recession-proof sectors like healthcare, education, and financial advisory, among others.

In this livestream, I’ll share how you can turn this uncertainty into your biggest entrepreneurial opportunity.

Feras has founded, grown, and sold businesses in Silicon Valley and abroad, scaling them from zero revenue to 7 and 8 figures. In 2019, he sold e-Nor, a digital marketing consulting company, to dentsu (a top-5 global media company). Feras has served as an advisor to 150+ other new startup businesses, and in his current venture, Start Up With Feras, he's on a mission to help entrepreneurs in the consulting and services space start and grow their businesses smarter and stronger.

Related Shorts

Believe in yourself!

It’s ok to learn!

Create time!

Reinventing Yourself

Are You Committed?

Load More