How Economic Uncertainty Can Spark Entrepreneurship
There’s no doubt the economic downturn is sparking a lot of anxiety as people worry about financial woes and job loss. But anxiety is nothing more than nervous energy, which can be channeled into actions that can improve your standard of living, experts say. One way to do this: Start a side business so you’ll be less impacted by a salary cut or layoff. “It’s a great time for people who are entrepreneurs who can come up with things to help people now,†says Dr. Gloria Morrow, a licensed clinical psychologist in Upland, California. “Millionaires are born out of a time like this.â€
