Hard Economic times Spur Entrepreneurial Creativity
Posted by Jerri Hart on July 18, 2008
If you are one of the people who made the move from working for someone to starting your own business, what prompted you to make the change?
The current state of the economy has created a buzz among those who are dissatisfied with their current position, or are unemployed, to look for ways to create their own opportunities.
In a time where starting a business has never been easier because of sites like Elance.com and Guru.com, one can get someone to research everything that they need to know to launch their business idea.
One friend took the opportunity to launch a business that helps companies track their projects in a fun and effective way. I wish that I had had this product when I implemented our ERP system. It would have helped me to identify any problems with deliverables long before I found out! Check them out – Capability Alignment Professionals, Inc. http://companyalign.com/.
Another friend, already in the commercial real-estate business is now moving into the foreclosure market, which I’m sure many are as well.
Many of my friends and colleagues have started to look outside of their corporate windows to find a blue ocean opportunity and no longer rely on the large fortune 500’s to find success. Others around the nation are doing the same (Going green boosts economy, new businesses, Oconee man says)
The point being, you don’t have to sit by quietly wishing that you could break free from the corporate grind. That business idea that has been lurking in the back of your mind may be ready to get its wings.
Eve De said
Great time sensitive topic. Looking outside of the Corporate window does not necessarily mean that you have to quit your job and plunge into a business when you may not even know what the risks are. Can’t see around all the corners ahead. Many businesses fail within their first year. For those of us who need to continue to work to maintain paying bills we may need to look at business opportunities where you plug into a proven system and continue on our jobs while the business is building. Not a bad concept. I did just that and is now putting things in place to grow my company:
financialdestination.com/yamc
Robert Kiyosaki, author of “Rich Dad, Poor Dad” and “Cashflow Quadrant” a must read for all Entrepreneurs describes the four Quadrants. He explains how people move from the job to Self Employed but are still on the left side of the Quadrant where they are trading time for money and where 95% of the people are. Then he explains that on the right side of the Quadrant you have “Big Business” and the and the Investor, where only 5% of the people are and where your money is working for you. You are no longer trading time for money, now your money is working and you are in control of your time. There are lots of opportunities out there, or create your own opportunity using the resources you have doing something that you love to do.
Andrew Meyer said
Jerri,
thanks for the mention. Things are going well, I hope to meet up with you soon to talk about what’s up.
If you get a chance, check out my blog. From an entrepreneurship point of view, blogs may be more important than websites.
Andy
http://alignmentinquiries.blogspot.com/