why a bad economy is great for a startup business

As history has shown us before one day we will all look back on these harder financial times and think “that’s when smart people did xyz.” In this case xyz is start their own business.
The down times are actually great times for the confident entrepreneur. People are desperate for work, so you may snag some truly talented employees who might never have given your start up business a second look a few years ago. Many vendors are no longer happy fat cats so there are a great many deals and discounts to be scored on all kinds of services for the startup business owner.