Is It a Good Time to Start a Business?

I just read that the nationwide unemployment rate in the U.S. has hit a whopping 8.1%. There is no doubt, times are tough. Many are without work.

If you are not working at the moment, it may be time to think about starting your own business. Business did not stop during the Great Depression. In fact, Allstate and Disney both started during the depression, as did others. Existing businesses held on and some even thrived through the depression. We know it is possible.

Start by looking at your skill set. Make a list. Include your job skills, natural talents, your hobbies, etc. Think about what you enjoy doing and decide if others might pay you for doing the same thing for them.

Oftentimes, the best things come out of adversity. This may be one of those times.