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A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost.
Tim Ferriss
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"A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost."
— Tim Ferriss #workcareer

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A recession is very bad for publicly traded companies, but it's the best time for startups. Wh…

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A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost. — Tim Ferriss

About Tim Ferriss

Tim Ferriss was a Author from United States (1977–present).

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Frequently Asked Questions

Who said "A recession is very bad for publicly traded companies, but it's the best time f…"?
This quote is attributed to Tim Ferriss, a Author from United States.
When did Tim Ferriss live?
Tim Ferriss lived from 1977 – present.
What is this quote about?
This quote touches on Work & Career. Browse more quotes on these themes from the categories page.