Thinking now is SO not the right time to do a start up?

Well, maybe conventional wisdom isn’t the best way to think about this decision. The current (Dec) BusinessWeek publication has just launched its first annual “most intriguing 25 new businesses created in the last year” list.

The list is displayed alphabetically, so you’ll have to do a big of homework to come up with your own persona ranking of these efforts, but the point is this: great companies have often started in tough times.

Things have been tough, and they remain difficult, but there are some glimmers of hope Out There.

This year – 2009 – witnessed 24,500 startups financed by angel investors. Down a whole bunch from a few years earlier, BUT, up 6% from 2008.

Better still, according to estimates from the Center for Venture Research, this coming year should see over 50,000 startups funded by angels.

SO… we can hunker down til people in the streets are singing “Happy Days Are Here Again” or we can do what entrepreneurs do best – take calculated risks.

http://bluekey.9mp.com/miRCf


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