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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.

By Jennifer Wang

Opinions expressed by Entrepreneur contributors are their own.

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 serial entrepreneur who has successfully brought companies through three recessions, including (that one he eventually sold to Google 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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