Comments on: Laid Off Recently? Turn It Into Something Amazing

By: Adam

Adam — Sun, 22 Mar 2009 02:07:09 +0000

@EC – Welcome back to the commenting! I agree with you on that one. At least if he were to start a business, he may know how not to deal with customers.

By: E.C.

E.C. — Sat, 21 Mar 2009 22:10:41 +0000

Ok, great advice if you’re in a service industry, but my dad, who hasn’t been laid off but was moved from salaried to hourly and had his hours cut to thirty hours a week, is a mechanical engineer for a company that’s an original equipment manufacturer for the major automotive companies. I don’t think a business that requires CNC machining and casting molten aluminum is quite so easy to replicate on your own!

By: tom

tom — Fri, 27 Feb 2009 19:54:59 +0000

Yes it is hard to get loans but who said you have to start with something like Staples.

There are many businesses you can start on a bootstrapping method. And probably do it part time.

If there is a will, there is a way.

By: Adam

Adam — Fri, 27 Feb 2009 15:15:15 +0000

@Mike – I agree with you on that point. However, there have been many, many successful business that have been started on nothing or very little. Didn’t Bill Gates start Microsoft in his garage?

Even if someone only has a couple thousand dollars, if the idea is great, it can turn into something huge!

By: Mike

Mike — Thu, 26 Feb 2009 22:55:55 +0000

The only problem with that idea is it’s ridiculously tough to get a business loan right now. There’s no way you’d be able to start something like Staples without one, unless you happen to be rich or can convince some VC firm to take the risk.