Businesses started during recessions

This blog post is going to be interesting one. 🙂

With the Covid pandemic & the global recession, there are plenty of companies that you didn’t know that it was founded during all of economic recessions. From the Great Depression to the previous recession the 2008 financial crisis. 

Here are the lists 

GM (General Motors)

General Electric 

HP (Hewlett Packard) 

Burger King 

Microsoft 

CNN 

EA (Electronic Arts) 

Uber 

Airbnb 

Disney 

FedEx 

IBM (International Business Machines) 

WhatsApp 

MTV

Netflix 

Google 

Facebook 

Venmo

Instagram 

Pinterest 

Mailchimp

All based on my research. 

So what do all successful and well known business brands have in common? The answer: economic downturns.

google.co.uk 

Given I have studied business course (business skills and administration) few years ago, it is that no one knew for the fact that business brands the likes of GM, CNN, Disney, Uber and Airbnb have all been founded during the economic downturns. 

It is impossible and difficult at the moment to start a business physically during the pandemic. If any person wants to start a business, he/she can start a business online so that when the coronavirus pandemic ends, it can become a brand. Business brand physically post Covid just like pre Covid. All it takes is to start from the bottom. 

Now although I do not have any interest of setting up a business except writing a blog which that is my own business without having to become businessman or entrepreneur. Something that can lead the way to many opportunities which I mentioned the previous blog post of me wanting a job because there aren’t anything during the pandemic. So that is I chose blogging because it is my own job in the sense that I could possibly think of earning. 

Anyways if there are any of you my readers who have a business or wanting to start a business then this is a blog post for you to have a interest. 

One thing I know for sure, in the world of business, it is all boom and bust cycle. No businesses wants uncertainty. It is unfortunate that the pandemic have severely impacted all businesses (big and small) & the financial services around the world. That is how everyone have lost jobs and hope. The government here in the UK cannot bother to handle the Covid pandemic well & that they are mishandling the Covid situation. At least it was good for them (the govt, Boris Johnson & Rishi Sunak) to introduce the Furlough scheme almost a year. The Eat Out to Help Out scheme last summer was not good initiative which that contributes to the rise of Covid 19 cases with the impending second wave in Autumn last year despite it had helped the struggling hospitality businesses in the sector. 

So let’s all not lose hope everyone.