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Creative Destruction: How This Week's Disasters Can Help You

0 Boy, that New York Times piece telling entrepreneurs to "Turn Back," which we covered here, has really created a stir. The Wall Street Journal's Independent Street blog countered it; so did, at least implicitly, our own Michael Taylor; and check out this stirring call to arms for entrepreneurs everywhere. The Times must not have known what it was in for when it told entrepreneurs that this economy boded ill for them.

In a characteristically smart post on AllBusiness's Small Business Blog, Rieva Lesonsky expresses her sharp disagreement--even fury--with the Times piece.

She analogizes what's going on now to the recession the U.S. entered following the massive stock market crash of late 1987. The layoffs and instability that ensued birthed hundreds of thousands of talented, ambitious corporate refugees who went out and started their own businesses, making the '90s the Age of the Entrepreneur, Lesonsky argues.

Beyond that, Lesonsky advises entrepreneurs to step into the vacuum that will inevitably be left by struggling big corporation, who will have to cut back on marketing and the like. And she suggests that they be bold in breaking the old rules and establishing new ones in this chaotic time.

Sounds good to us.

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This page contains all entries posted to BizBox Blog on Slate in September 2008. They are listed from oldest to newest.

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