Is It A Good Time To Start A Business? 3 Reasons To Begin

Do you think we’re living in great times? Or do you think that times are tough? In these uncertain times, is it a good time to start a business if you’re looking to become an entrepreneur? I believe that’s the case; however, some people aren’t so sure about how to respond to that.

Whether we’re living in good or bad times, it’s always best to start your business right away. If that’s something you’ve wanted to do, I encourage you to take a step forward in your personal journey.

In this article, I’m going to lay out three reasons why now is the best time to start a business. As we continue to see changes happening around the world, these reasons may help you gain another perspective.

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Is 2022 a good time to start a business?

There have been talks about a looming recession, or it’s possible we may already be in one. Whether or not a recession is taking place, now is still a great time to start a business.

There have been concerns about whether the economy will continue to decline or maybe spike back. We don’t know for sure, and that causes some people to question whether to start a business or not.  

When a recession takes place, it’s a time for slow economic growth and restructuring of an economy. It gives reasons for people not to start a business, as it may be difficult to find customers who are struggling financially. 

Is it a good time to start a business? Some people are not sure whether they should start a business in bad times.

But I think that’s not always the case. I believe that a recession (of any kind) may be a great time to start a business.

According to the United States Census Bureau, more business applications were put in between 2020 and 2021. Even though they’re not high numbers, there are signs that new businesses are starting up regardless of economic conditions.

Even in bad times, new businesses are being formed to provide services to others. For the remainder of this post, I will lay out three reasons why now is the best time to start a business.

  1. Starting Right Now Will Be Easier Later
  2. You Cannot Predict What Will Happen Around The World
  3. Helps You Avoid Procrastination

Starting right now will be easier later

Getting a head start today can make things easier down the road. By that, you can start learning what systems to implement, and try out some things (i.e. marketing) to see if they work or not.

For example, if you want to apply some marketing strategies to test, it may not be a bad idea to try them out. If you’re willing to learn how to run ads on Facebook, take the time to understand it properly.

If you have money set aside for ad revenue, it doesn’t hurt to give it a shot. You might get good results right away, or maybe not. 

In that case, it’s a 50/50 chance you may get something big in return. But for me personally, I usually have low expectations when it comes to getting the results I want.

Let’s face it: In the early days of a business, it can take time and effort to get up and running. I’ll tell you now: Success won’t come overnight. But if you work on it little by little each day, it will slowly grow until you reach your goal.

Is it a good time to start a business: Starting a business now will make things easier later.

You will make mistakes, so start now 

Making mistakes will be inevitable, and it will happen a lot while you run a business. Taking the time to figure out what works or not will make you better along the way.

When you make mistakes, use them as a learning opportunity to get better. When you’ve tried something that does not work, you know not to do it again.

How do you know when it’s time to start a business?

  • When launching a business, you’re ready to take on new challenges and be able to solve a common problem; while at the same time, you’re looking to help others solve that problem.

You cannot predict what will happen around the world

The last few years have been an interesting time for all of us. There’s no way we can predict with certainty what will happen next week or next year, so it can be hard to face that uncertainty.

Regardless, the world can be a chaotic place at times. As far as concerning yourself, you have no control over how current events play out. We may think we can stop bad things from taking place, but we cannot.

Sometimes, we have to face reality and let things play out. Civil unrest and wars are caused by a variety of factors, but they don’t have much to do with your success. Whether it’s in the financial markets, or activities taking place in governments, those things are out of your control.

Is it a good time to start a business? A lot of times, you can't predict what will happen in the future.
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2020 is a good example to refer to

COVID-19 was something that ended up getting out of control in a short period of time. It was stressful and uncertain for many people when they could not control their financial/personal situations.

It was something that never happened before in recent history, and a lot happened throughout 2020 and 2021.

But at the same time, a lot of people decided to take the opportunity to start their own businesses. Back then, people had a lot of free time, so it made sense to leverage it to learn a new skill or turn a side hustle into a business.

During times of uncertainty, always take advantage of getting ahead an extra step. By taking action sooner than later, you are already ahead of everyone else.

Helps you avoid procrastination

I think this one can be a struggle for a lot of people. Oftentimes, people will procrastinate when they need to get things done.

When it comes to starting a business, there are so many excuses people come up with. Some of them include the following:

  • I don’t have time. I’m working a full-time job and raising a family.
  • I don’t think now is the best time. I think I’ll wait a few more months. Or even better, I’ll reconsider it a year from now.
  • I would rather wait until times get better. Why start when things are not going well?

I hear these excuses way too often. I know it because I used to be one of those people. A while back, I would make my own excuses as to why I couldn’t start my own business venture.

Is it a good time to start a business? Oftentimes, people will procrastinate on tasks that are important.

But now, I’ve stopped making those excuses because it doesn’t do me any good. More often than not, I do something each day for my business in order to take action.

Whether that’s doing something for 20-30 minutes, it’s still better than nothing. That’s helped a lot in putting off important tasks.

So why not give it a shot yourself? Every day, do something to move your business forward.

Final Words

So ask yourself again: Is now the best time to start a business? Without a doubt, I think so because the sooner you start, the better it will get over time.

The reason mentioned earlier may help give you another look at starting your business now. If not now, when? It’s well worth looking into.

The best part about doing it now is it’s easier than it’s ever been. In the internet era, there are many opportunities to take on as we explore the digital world.

If you’re interested in starting a business online (and doing it the right way), might I suggest a place for you to consider? It’s the best place to get started in business, with minimal costs and risk.

If you want to learn more, give the platform a shot. You never know what you might get out of it, and I can help you along the way.

Your Turn: Is now the best time to start your business?

I would like to get your thoughts on this topic. Do you have your own business right now?

If not, what’s holding you back? Is what’s going on around the world discouraging you from doing so? 

Are you willing to start now rather than later? Why not give it a try and see what happens?

Feel free to share your thoughts by leaving a comment below. I look forward to reading your responses, and I’ll respond back promptly.

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Eric is the owner and chief editor of 

He takes great pride in helping people manage their time and grow their businesses. 

Eric is a firm believer in financial and time freedom, as he believes in financial independence and taking ownership of your time. 

“Time is your most important asset. It can be your best friend or worst enemy. How you use your time can shape the future you desire to have.” 

In his leisure time, Eric loves to write and read whenever possible. He enjoys going for long walks outdoors while doing in-home workout videos every week. 

You can also connect with Eric via LinkedIn.

Self Photo 2019: Here's a picture at a building in downtown Chicago.

2 thoughts on “Is It A Good Time To Start A Business? 3 Reasons To Begin”

  1. This article is great content for entrepreneurs both big and small. I really appreciate the relevancy that this article provides. 

    I was looking into attempting to create some type of business. I am not sure which kind it will be yet, but at least I am now one step closer to making it happen. 

    Great article!

    • Hi Alex,

      The topic of this post is very relevant to what’s going on around the world today. It’s helpful for anyone in the process of becoming an entrepreneur.

      I understand what you’re getting at when starting a business. Whatever path you choose to go down is up to you, so make a wise choice.

      If you’re interested in starting a business the right way, I encourage you to check out a platform I use today. It’s by far one of the best places to start and grow your business.

      Other than that, I wish you all the best in your entrepreneurial journey. It’s always not clear when starting out, but it’s worth taking a shot at.

      Thank you very much for sharing your thoughts- I greatly appreciate what you had to say.


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