Fly Without Wings

Bumped into this interesting post on Startups.com by Jason Cohen.

This note sort of ties into my earlier post on why and how entrepreneurship makes lots of sense (and money) - especially - in a contracting economy.

And we (you and I) are at the center of this changing dynamic.

Many of us (certified entrepreneurs or intrapreneurs if you will) felt right and secured doing our thing within the context of larger firms in booming markets.

World has changed since.

Consider for a moment that you are a one-person professional services organization (PSO). If you worked for a larger firm all this while, chances are because it made very good economic sense - chasing the capital gains (stock options-IPO, exits/job hops for astronomical salary hikes) style financial model.

In the current market scenario though, the best you could hope as a PSO is for a dividend play (in this case diminishing salary or lack of it) - essentially based on your employers business fundamentals. 

So if you fancy a capital gains model (read multiples of x) then entrepreneurship becomes a very compelling option.

And if you are like me who gives equal weight to the intangibles such as gore & excitement of building a business ground up  - it starts to look like a no-brainer!

Tags: global economy, Start-ups

This entry was posted on Thursday, December 11th, 2008 at 3:40 am and is filed under Emerging Markets, Marketing, Start-ups. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.