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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.

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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 FindTheBest.com and a who has successfully brought companies through three recessions, including DoubleClick.com (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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