“Downturn” spelled backwards is “Opportunity”
At Integrum, my Ruby on Rails Consulting and web development shop, I have been speaking with many other entrepreneurs about ideas and products they are looking to bring to market in this time of economic turmoil. I am amazed at the ingenuity of these fascinating business people and their ability to look into the jaws of a recession, especially in the face of a collapsing housing market, and perceive profitable new ventures. At this time I am currently under NDA so I can’t discuss specifics, but that is outside the scope of this post anyways.
What I am hoping that is more entrepreneurs continue to be creative, instead of being scared and intimidated into just shutting down and hiding out until “this whole thing blows over.” Believe me, I alternate from optimistic to terrified on a daily basis, so I certainly sympathize with people who are freaking out, but that is not the answer.
Over at one of my other ventures, Gangplank, an example of creating a hub of innovation and collaboration in Phoenix, we are continuing to do our part. We have funded a few startups, we have encouraged collaboration and capitalism, we’re not planning on stopping any time soon.
Keep innovating, keep competing, keep collaborating, keep moving forward America!