Pretty neat stuff… I just received a nice little article from the Ewing Marion Kauffman Foundation that essentially says how now is the time to be considering your own start up BECAUSE WE ARE IN A RECESSION.(Now that sounds a little crazy…. I know) But seriously though..It also gives us some researched insight on how most companies that have done so in a recession or bear market were actually more likely to survive long term than those companies which started when the times were good. Heck!… why am I rephrasing this…just read below if you are interested and follow their link to get the complete article and then when you are done…Go get started on your business for Pete’s Sake!! We want you to make more money, increase your assetts, grow your cashflow, define your own life, and all that other good stuff that comes with calling the shots. Go Get Started!
More than Half of Fortune 500 Companies Were Founded in
Recession or Bear Market, Kauffman Foundation Study Finds
“A new study by the Ewing Marion Kauffman Foundation finds a silver lining in today’s challenging economic times: Recessions can spur entrepreneurship, which leads to the creation of much-needed new jobs.
The study The Economic Future Just Happened found that more than half of the companies on the 2009 Fortune 500 list were launched during a recession or bear market, along with nearly half of the firms on the 2008 Inc. list of America’s fastest-growing companies.
The report also suggests a broader economic trend, with job creation from startup companies proving to be less volatile and sensitive to downturns when compared to the overall economy.
The complete study is posted on www.kauffman.org.”
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