North Carolina Startup Blog written by Marc DeWalle

What Recession?

November 20, 2008

Sometimes you read an article that you just want to tell others about.

I’m a big believer that there is no good or bad time to start a business only different circumstances.  And I’m not being cheeky here.  Look at it this way…  Right now is a tough time to find startup capital, but a very easy time to find cheap, qualified labor.  A few years ago it was the reverse.  So if you’re starting up now your challenges will be different, but as an entrepreneur you’re constantly facing new and different challenges anyway.

The article I saw proved the point that great businesses can be started in “tough” times.  And I’m talking about startups that your mother would be proud off, with names like FedEx, Burger King and HP.  The article ran in the on-line edition of InsideCRM (not sure if it was in the print edition).   Make sure to read the comments at the bottom as well, some interesting and inspiring thoughts there.

The article got a lot of attention, suggesting that people are looking for validation to start something.   I first saw it mentioned on the Linked Business Strategists blog and then on Dane Carlson’s Business Opportunities Weblog.   Enjoy!