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