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Do you think that in times of economic crisis there are as many opportunities to create a business as in times of expand? Why ?

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Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2017/02/13
Mahmood Ibrahim Magaji
by Mahmood Ibrahim Magaji , project consultant , Green Pastures and Homes initiatiaves

actually that's the best times to invest!  source; ask the rothschild family lol :)

smart investments are those that were groomed during hardships and sustained to expansion, when u invest during crisis you have as double advantages compared to a normal situation;

 

less competitors to worry about, either  because most went down or they are too scared of risking any further investment. so most investors  that make the bold step end up running a monopolize free market.

 

Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

I do believe it depends on a lot of factors, such as (for examples):

"The Supply Elasticity of the Ultimate Product" and to how far it will be affected during the crisis, and during the middle or long term.

Obaid ur Rehman
by Obaid ur Rehman , HR Executive , Al Bahr Al Arabi Marine Engineering Services

Yes it is. All you need to do is to work on your idea deeply and unique ideas will get acceptance soon.

ramy desouki
by ramy desouki , Accountant , Berlitz Egypt- Westwood Group

 effectiveness part of team spirit

Thanks,

Yes, specially in the services industry where operational cost can be low. Best example is Moelis & Co. they started during 2007 crisis as an investment & advisory bank and survived the crash. 

 

DR MD ANWAR HOSSAIN
by DR MD ANWAR HOSSAIN , Moderator , bayt.com

Thank you. You. I think so. I support colleagues answer.

Omar Saad Ibrahem Alhamadani
by Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

Yes, ............

I support Jody's answer

yes i do believe there can be opportunities during economic crisis given of course what the crisis might entail.

example: should coal become to costly or rare to mine then you could look into creating a business that uses endless supply of mineral that readily available like hydro electricity using sea water with flow to generate current, wind turbines that use the flow of air to generate electricity. 

There are endless possibilities to counter something terrible with something brilliant all you need is clear vision.

Expansion never meet on the same lane with economic crises unless the you had invented a new relief as a medicine for some pain caused by the crises.

simon Toyiring
by simon Toyiring , REGIONAL SALES MANAGER NORTH ZONE 1 , FAREAST MERCANTILE NIGERIA LTD

people who take risk during the economic crisis gain opportunities because only few business like to take risk.The few businesses in the market can have the largest market share.

 

Asim Ali Khan
by Asim Ali Khan , Human Resources Director , Arab Media Group

Thank you for inviting me and I am in agreement with our experts....................

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