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Don't let economy extinguish innovation

Thursday, June 24, 2010   (0 Comments)
Posted by: Matthew Montoya
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By Pat Sisneros and Juergen Kneifel

In our Everett Community College entrepreneurship and business classes, students are asking us whether they should wait until the economy gets better to start their own business.

They explain that they've got a great idea for a company and want to get started now, but worry that it seems risky to launch a business when the economy is so lousy.

This question isn't surprising given the depth of the recession and the effect it has had on many longtime businesses in our community. We continue to be amazed and saddened by the number of established companies that have had to shut down over the past year.

Our message to budding entrepreneurs is this time will pass. We will work our way through the impact of the financial and real estate bubble. This work is hard and the pain has been difficult, but we continue to be optimistic that our community's inherent spirit of entrepreneurism will rule the day3

 

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