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Catalyst Magazine

Is Chicken Little On Wall Street?


Contributing Business Writer

Collette McKenna Parker

July 7, 2008

If Wall Street says it’s bad out there, why are so many entrepreneurs seeing sunny skies?
 
According to a March 2008 study conducted by Intuit, start-ups are doing just fine.

“The study, which sampled 751 small business owners with 100 or fewer employees, found that 90 percent of those surveyed said they see opportunity in the current economic climate and 75 percent said they expect their business to grow,” writes Entrepreneur magazine’s Justin Petruccelli in “Optimism Knows No Slowdown.”
 
Says one entrepreneur quoted in the article: “‘You go into it being uncertain, so if there's a recession, who cares? Why would I let the forecast of a recession bring me down?’”

Read more at www.entrepreneur.com/startingabusiness/selfassessment/article194606.html.


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