technically we are not in a recession- while the ecconomy is poor in many areas, there are some areas and business sectors that are still thriving. If it is your dream, don't let fear of failure motivate you- go for it. It will depend on how hard you're willing to work at it. Money is cheep right now, if you can keep your overhead down, you might have an edge on your local competition.
This ecconomy is difficult, but lets be honest- most everyone is working that wants to. If someone you know wants an ipod or a big screen they can get it. Fear is relative only to who you believe (the media? doom and gloom sells) and your own self-confidence. If you have a lot of debt currently, I would re-think your plans. If your ducks are in a row, I would say go for it. The American dream is alive and well. This is still the greatest country on the planet. And we only live once- don't die thinking "what if."
I'm opening a flower shop soon, should i be scared now we're in recession?
Entrepreneurs do not let anything get in their way of success. If you are going to let everything worry you, you will not succeed. Read my profile I know with over 35 years experience.
Val
