It depends on the business, but yes, every single day is a great day to start a business, because every day there are challenges that need to be met and business meets those challenges.
When you look at COVID-19... 2020 was a terrible time to build a business in hospitality, but a fantastic time to build one in takeaways and selling face masks, toilet rolls.
When one period of time is tough for one sector, another sector offers a lucrative opportunity. You just have to be willing to adapt to daily challenges that come along and not rush into a business that might be struggling.
Take Crypto for example. At the moment there is a heavy crash and a lot of people that heavily invested in it have lost a lot of money and telling people now is not the time to invest or build a business on crypto.
But to others, there are plenty of potential there because the price is low and some WILL go back up.
If you look at the Ukraine War and how that is affecting energy, it is a bad time to be building a business that relies on fuel, because prices are sky high, but on the flip side, companies that are building solar panels and wind turbines are booming again after 10 years of neglect, because suddenly everyone wants a way to get out of Russian gas and high fuel costs.
A great business is one that looks at a problem, and finds a solution to it, and sells it when demand is extreme.
March 2020, every business was told to close in the UK.... except a female friend of mine started a business in baking cakes at homeand delivering them to peoples door.
12 weeks of people stuck indoors and craving cake and she was hiring a delivery driver to take the cakes as she was getting over 100 orders a day.
When the shops began to open again, she made so much money she let a small unit and turned it into a Cake and Coffee cafe. Roll on to May 2022 and she now has 3 Cake and Coffee shops and employs 12 people.
When people lost jobs, the economy all but died, people said it was a terrible time to start a business, she managed to create one that is now thriving.
Look for the opportunities, even if its to make a quick buck, because that quick buck can be re-invested into the next opportunity that arises.