It is Start-up Time!

So they say we’re in a recession.  We have that going for us! No really – we DO!  A great article with Carl Schramm from the Kauffman Foundation in INC discusses why great start-ups happen in times of recession.

Reiterating Carl Schramm – remember these in tough times:

  • We shouldn’t despair – things actually do grow in the dark
  • We may be moving downhill but emerging start-ups tend to hold their ground and move up hill
  • Health care and energy – focus on IT
  • Not all start-ups happen during the bad times however some do: UPS, Allstate, Amgen, EA, Whole Foods
  • Don’t smoke or drink coffee you wouldn’t want to “stunt” your start-ups’ growth
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