Small Business

Is Now a Good Time to Become an Entrepreneur? Will Economic Hard Times Result in More Entrepreneurs?

0 Comments 20 February 2009

Personally, I think it’s a GREAT time to start a business. You can enter at the bottom of the market…you’ll have challenges and create routines and systems in your business – by shear force of economic environment – that will serve you well later. Many Depression era entrepreneurs stand out as America’s wealthiest today.

There are unique challenges today – like tight credit and rising health insurance costs – but entrepreneurship offers benefits like no other gig on earth. There is the reward for your hard work, the control you can hold over your own destiny, the flexibility and passion that you can enjoy in your work.

If you think with your pocketbook, take a long hard look at your investment portfolio… if you were to invest some of your savings into an entrepreneurial venture – as well as a good chunk of your heart and soul – you would have far greater control over your investments – and your future – than any stock broker can provide. There are businesses for sale with solid track records – and like so much of the marketplace – it’s a buyers market.

For some ideas…check out www.bizbuysell.com.

Wall Street Journal blogger Kelly Spors pontificated on entrepreneurial stats this morning, and it’ll be interesting to see how the cookie crumbles as corporate America continues to downsize…

Independent Street : Will Economic Hard Times Result in More Entrepreneurs?.

For me, I am more passionate than ever before – and I am seeking new ways to refine my entrepreneurship skills and create an information pool whereby more of you may also be successful entrepreneurs.

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The Results Revolution teaches local small business owners and community leaders how to strengthen and grow their local economies. The Results Revolution provides entrepreneurship training and marketing advice in the form of this blog as well as a weekly web TV show, e-mail newsletter and webinar. The Results Revolution was founded by Marianna Hayes Chapman & Andy Chapman, marketing consultants at HALO Business Advisors, who teach local marketers, small media companies and business development groups how to increase sales and create new revenue streams using social media and new media.

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