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Get Your Business Out of the Holding Pattern

Recessions come and go, but that shouldn't stop you from hiring or expanding.

This story appears in the December 2010 issue of Entrepreneur. Subscribe »

Q: Everyone's in a holding pattern but I'm ready to move. Am I crazy?

Kevin O'Connor: It's time to move.
Photo © Jeff Clark

A: Nah. If you have the means, now is the time to hire or expand, says Kevin O'Connor, founder and CEO of and a who has successfully brought companies through three recessions, including (that one he eventually sold to for $3.1 billion). "People go into holding patterns because they're scared of running out of capital," he says. "And standards are much higher for VC money and at banks."

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