Tekedia Forum

Forum Navigation
Please or Register to create posts and topics.

When everyone employs himself or herself!

Signs that You are about to Lose your Job - Tekedia

When everyone employs himself or herself, it means the economy is under stress. So, when people are starting companies, check the motivation:

"A mixed economic forecast isn’t dampening Americans’ entrepreneurial spirit. October saw a small increase in the number of applications to form new businesses, up 1.2% from September. As Quartz notes, it’s not unusual for a challenging economy to bring about a boom in entrepreneurship. Small business formation surged during the pandemic, and companies such as Uber and Airbnb were founded in the wake of the 2008 financial crisis. Yet, experts say it’s important to examine the motivation behind a business idea. “Some new businesses are born of opportunity, some new businesses are born of desperation,” according to economist Aaron Terrazas." (LinkedIn News)