Is it a good time to start a company?

Kaisa Hernberg

An aspiring entrepreneur approached me. He wanted to know, how I see the Finnish economy developing this year, because he was wondering if the time was right to start a business. I promised to give my reply here.

Let me begin by saying that much like there is never a perfect time to have kids, there is never a perfect time to start a company. And yet people do both anyway. It is not only about making a rational decision. Starting a business is very much about taking a leap of faith, following a passion – or making a virtue out of necessity.

If we humans only ever made careful, rational decisions, we would still be living in caves. It is the crazy people that go against the odds that make the world go forward. (Sometimes they also suffer a very grim fate, you never know in advance.)

Speaking of…

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