Comments on: Are Recessions Good for Entrepreneurship? http://www.creativeclass.com/_v3/creative_class/2009/06/16/are-recessions-good-for-entrepreneurship/ The source on how we live, work and play Wed, 07 Dec 2011 18:10:07 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: hayden fisher http://www.creativeclass.com/_v3/creative_class/2009/06/16/are-recessions-good-for-entrepreneurship/comment-page-1/#comment-13061 hayden fisher Wed, 17 Jun 2009 14:27:06 +0000 http://www.creativeclass.com/_v3/creative_class/?p=11956#comment-13061 Absolutely! Recessions remind workers that there is no true stability so why not take a risk and follow your dreams and visions; make them real. Win, lose or draw, it's a better-lived life! Absolutely! Recessions remind workers that there is no true stability so why not take a risk and follow your dreams and visions; make them real. Win, lose or draw, it’s a better-lived life!

]]> By: Jarie Bolander http://www.creativeclass.com/_v3/creative_class/2009/06/16/are-recessions-good-for-entrepreneurship/comment-page-1/#comment-13050 Jarie Bolander Tue, 16 Jun 2009 20:59:08 +0000 http://www.creativeclass.com/_v3/creative_class/?p=11956#comment-13050 I volunteer at SCORE (http://www.sfscore.org) and we usually see an up tick in requests for help during a recession. The usual up tick relates to people who have lost their job and want to start a consulting business (or whatever). It seems to track pretty well based on general volume of requests. Maybe the thing that self regulates the number of actual ventures started during a recession, independent of desire to start, is access to capital. In a recession, capital is tight and therefore not as many companies can actually start. You would then expect that when capital is flowing that more companies would start. If the rate is the same, then maybe during a booming economy, there is just not enough people who want to take the risk since they have good jobs. I agree, more analysis is needed. I volunteer at SCORE (http://www.sfscore.org) and we usually see an up tick in requests for help during a recession. The usual up tick relates to people who have lost their job and want to start a consulting business (or whatever). It seems to track pretty well based on general volume of requests.

Maybe the thing that self regulates the number of actual ventures started during a recession, independent of desire to start, is access to capital. In a recession, capital is tight and therefore not as many companies can actually start. You would then expect that when capital is flowing that more companies would start. If the rate is the same, then maybe during a booming economy, there is just not enough people who want to take the risk since they have good jobs. I agree, more analysis is needed.

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