Find somebody else to run your business on a day-to-day basis.

In times of recession there are massive opportunities and fortunes to be made, so for new up and coming entrepreneurs, this is the time to go and start a business.

However tight things are, you still need to have the big picture at the forefront of your mind.

The entrepreneurs who succeed usually want to make a difference to people’s lives, not just their own bank balances.

Remain focused on fulfilling your business mission. Never allow adversity divert your attention and efforts.

Learn to raise capital by any means necessary. That's your primary job as an entrepreneur. You must continually raise capital from family and friends, banks, suppliers, customers and investors.

Protect your reputation. Don't be afraid of making mistakes.