A recession is a great time to think like an entrepreneur.
PHOTOSBrands Born in Bad Times From FedEx to Microsoft, a look at the companies that were created in recessionary times and managed to thrive.
With the national unemployment rate near double digits and credit markets tight, now is a great time to start a business. Really, it is. Think about it: thousands of workers can’t find jobs, so the talent pool is large and cheap. Good jobs seem less secure as companies cut hours and salaries so people are more likely to risk working for a startup. True, loans and venture capital funding are harder to secure. But even that is more of a hurdle than roadblock. Read more…