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photo by visulogik
I ran across an interesting article on CNN Money that talked about how recessions don’t spark start-ups – essentially the number of new businesses that get started every year (at least over the last 30 years) is steady and doesn’t have any correlation to difficult times (or much of anything else).
The source of the data is a recent study from Kansas City’s own Kauffman Foundation:
Regardless of the dataset examined, each year’s total of new companies is consistent with other years, with annual numbers fluctuating only mildly.
It’s surprising to me at least there’s no apparent correlation to the economy, government policy, availability of resources or education – in general the takeaway is that at a macro level there’s a consistent number of new businesses formed every year.
So what can we learn about starting a business during difficult times?
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