The Silver Lining in Layoffs and Job Losses

Being unemployed is painful.

If there is a silver lining, the large-scale downsizing from major companies will release a lot of new entrepreneurial talent and ideas — scientists, engineers, business folks will be looking to do other things. There will be a lot of forced entrepreneurship that will lead to innovations and new markets.

What's your idea? We're interested in partnering with individuals or groups on projects that require internet applications. 

A crisis, like losing your job,  changes the dynamics of things. It’s an opportunity to do things you could not do before.

I personally just finished up a project using Drupal at Sony Music in NJ and NYC.

From NYTIMES, "Smoothing the Way to Self-Employment" and "Why Bad Times Nurture New Inventions".

Alson from the Times, "Weary of Looking for Work, Some Create Their Own". "Economists say there are some peculiarities to this wave of downturn start-ups. Chiefly, the Internet has given people an extraordinary tool not just to market their ideas but also to find business partners and suppliers, and to do all kinds of functions on the cheap: keeping the books, interacting with customers, even turning a small idea into a big idea.

The goal for many entrepreneurs nowadays is not to create a company that will someday make billions but to come up with an idea that will produce revenue quickly, said Jerome S. Engel, director for the center for entrepreneurship at the Berkeley Haas School of Business. Mr. Engel said many people will focus on serving immediate needs for individuals and businesses.

"It's a very painful thing," he said of the pressure people feel to find new ways to make money. "But it's a healthy thing.""

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