Now That’s Confidence

Today’s economy seems to have everyone running scared, and entrepreneurs are no exception. According to Entrepreneurs' Organization’s (EO) 2009 Global Economic Forecast Survey funding and healthcare are very high on the concern list for 2009. Also, Entrepreneurs are worried about the effect the presidential election will have on their businesses.

All of these concerns plus the disheartening economic news we’ve been hearing everyday would lead you to believe that business owners are boarding up their doors but this is just not so...

EO’s survey shows that the confidence of entrepreneurs is strong even when times are tough. Seventy percent of respondents are highly confident/confident about surviving the recession and almost half predict an increase in revenue in 2009.

Also, more than 80 percent of entrepreneurs asked believe they will play a significant role in economic recovery... My fingers are crossed!

--Ali