Check out the latest results of a survey of 805 small-business owners by the National Federation of Independent Businesses, a Washington, D.C.-based lobbying group. In the last 420 months that the NFIB has taken that monthly pulse of small-business owners--on everything from profits and inventories to hiring and capital spending--last December marked the second-worst in terms of overall optimism. (The most pessimistic month was recorded during another recession--back in 1980.)
William Miller has clocked 200,000 airline miles so far this year. Miller is on the management squads of three start-ups, all focused on breakthroughs in nanotechnology, and teaches at Stanford University. Next spring, he will fly to Seoul, South Korea, when Konkuk University will cut the ribbon on the William F. Miller School of Management and Technology.
With the banking industry roiled beyond recognition, many Wall Streeters will be looking for a fresh start in the coming months. The financial services industry slashed 130,000 jobs in 2007 and another 111,000 already in 2008, according to Challenger Gray & Christmas, a placement and consulting firm in Chicago.
Even though it's been a rough year, don't forget to count your blessings. Watching thousands of people lose their jobs, stock portfolios take mortal beatings and hordes of regulators (many of whom helped get us into this mess) run around like headless chickens is enough to bring on more than a little despair.
Recessions can inspire great entrepreneurial achievement. Here are some examples from the last 200 years.
To decide whether to build an empire or keep it small, first you need to know who you really are.
Recruiting locals and hiring from a youth work program have helped these businesses succeed in their mission and community.
Your blood-splattered 401(k) sends more chills than anything a ghoulish costume or a haunted house can muster.
Be a mompreneur. Put these tips and advice to good use and you might find fewer of life's burdens keeping you down.