This is a subscriber-only article. Join Entrepreneur+ today for access

Learn More

Already have an account?

Sign in
Entrepreneur Plus - Short White
For Subscribers

Is This a Bad Time to Be an Entrepreneur? Not if you're willing to find a market, identify a problem and get creative in solving it.

By Daniel Priestley

Opinions expressed by Entrepreneur contributors are their own.

Lilly Roadstones | Getty Images

With a barrage of doom and gloom in the media, combined with all sorts of strange information flying around on social media, you could be forgiven for feeling that it's a terrible time to be an entrepreneur. Maybe you've even considered updating your CV and applying for a few jobs.

I like to think in terms of "first principles" — fundamental ideas that can prove or disprove a theory without needing to rely on opinions or rumors.

Let's run through a checklist of five fundamental questions to explore that relate to being an entrepreneur in 2020.

Editor's Pick

Related Topics

Side Hustle

He Launched His Creative Side Hustle Out of a Garage. Now It's Worth $225 Million.

Tom Humble, CXO and founder of E.C.D. Automotive Design, followed his passion for custom auto design into big business.

Starting a Business

7 Lessons I Learned From Selling a 6-Figure Blogging Business

Here are a few critical lessons from my experience building and selling a successful blogging business.

Business News

'No One Is Important:' Senior Executives at 'Sports Illustrated' Publishing House Are Out of a Job Following AI Article Controversy

The owner of the magazine's publisher, The Area Group, claims the shakeup was unrelated to the recent scandal.

Science & Technology

LITT Is Combining VR with Social Media, Fintech, and Ecommerce to Transform How We Interact with the World

It's and all-encompassing platform that aims to chart the future of digital interaction.

Growing a Business

5 Pieces of Bad Advice That Could Derail Your Business — Sidestep Disaster By Doing This Instead.

Not all well-meaning advice is created equal. Learn from these time-tested guidelines to help you scale faster and avoid the pitfalls.

Science & Technology

Cyber Attacks Are On the Rise — Here's How Your Business Can Continuously Prepare for Threats

In an era marked by escalating cyber threats and increasing cost of data breaches, the traditional castle-and-moat cybersecurity approach falls short.