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Lessons From Past Recessions

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For anyone who lived through the fear and uncertainty of the 2008 financial crisis, hearing ‘recession’ from news anchors and pundits can bring up anxiety and fear. The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. Beef up your emergency fund.

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

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This panic arrives the moment we realize we’ve strayed too far from the paycheck mothership and feel compelled to run back to the salaried womb. Cut expenses to the bone. When the 2008 financial crisis hit, Tel Ganesan, founder of IT and software company Kyyba Inc., Congratulations! It feels awful, but it’s perfectly survivable.

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