Sure, you've heard it all before--if you've been laid off, or just finished your degree and can't find a job, now could be a great time to start a business. But is this just fashionable talk of the times, or is it really possible in today's ravaged economy?
I'd say there really is strength to the theory that now could be a great time to go solo. But first, let's get the bad news on the table: About 95% of small business start-ups fail within the first 10 years.
Second, we're obviously in a long, slow-moving, low-to-no-growth recession--which would make you think that start-ups' failure rate would be even higher, right?
To read the full, original article click on this link: Frank Farwell: M.B.A., But No Job? It's Time to Become an Entrepreneur
