After coming out a particularly tumultuous presidential administration, hopes were down. Cherry on top? Entering a deep, dark, scary, recession. However, haven’t heard much about the bugger in a while. People seem to be done complaining about the recession (or at least I hope).
In recessions, people love to talk ABOUT the recession – the deep, dark, mucky, yucky, icky recession. Then there are those that played a little business arbitrage who made rocks into diamonds. People like that realized the beauty of dire situations – that when you’re in them, the only place to go is UP UP UP.
So why was the recession a good thing?
Not only was it a good thing, it was a blessing. It was what the economy needed. It’s what entrepreneur’s needed – a KICK IN THE BUTT.
Specifically, the recession was good for:
• Community. If nothing else, the country was brought together. Albeit to bitch and moan about the recession, but we were brought together. There is something to be said for solidarity during that time.
• Morale. How could we not be hopeful and optimistic during the recession? The recession caused a sense of necessary rejuvenation.
• Innovation. Out with the old rules. In with innovation and creativity. The recession made us question the current policies, practices, and methods used in business.
• The Underdog. The people least likely to succeed are able to in a recession. Why? Because the odds are not against them, as they are against everyone. Also, they have nothing to lose.
What’s your opinion? Tell me if I’m nuts.
Photo via sarahmerion





Wed, Oct 21, 2009
Business, Lifestyle, Philosophy