Bad times spawn great start-ups

Old Article but still makes alot of sense, especially in todays economy!

Contrary to popular wisdom, business start-ups soar when the economy sours. That’s because laid-off workers like Disney and restless employees like Diamond and Lamb, convinced they’ve got great ideas, pursue self-employment and benefit as start-up costs tumble. That boosts the entire economy, because small businesses create 75% of new jobs and usually lead the USA out of hard times.

via USATODAY.com – Bad times spawn great start-ups.