Entrepreneurial Finance, Third Edition: Finance and Business Strategies for the Serious Entrepreneur, 3rd Edition
by Steven Rogers, Roza Makonnen
Conclusion
My alma mater, the Harvard Business School, once asked me to sit on a panel to discuss entrepreneurship. All the other panelists were current entrepreneurs, and the questions eventually focused on the future of entrepreneurship: Given the tough economic times, was this really the right time to consider starting a business? Everyone else on the panel shook his head no. By now, I think you can guess my answer: of course this is the right time to start a business!
In every recession, depression, and downturn that this country has ever seen, entrepreneurship has been the engine of growth. After September 11, 2001, the airline industry laid off more than 100,000 workers; in 2008, 162,000 automotive manufacturing jobs were eliminated; during ...
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