from WhatTheyThink:I'm hoping Dr Joe will talk about how printers should fire their bad customers, keep the good ones and go into the publishing business. That's what Ben Franklin did. If content is easy but printing is hard, it should work.
There are studies indicating that whether started in good times or in bad, new businesses have the same survival rates. An article in US News offers some of the possible reasons:
...depending on your kind of business and location, you could find reductions in costs. Suppliers may cut better deals, rents could be lower, and workers may be more willing to sign on for less. "When times are tough, people don't hold out for higher salaries," says Scott Shane, a professor at Case Western Reserve University and author of The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By. "You could probably hire better people more cheaply starting out now than you could when things were booming."
There is a great need in our industry for more entrepreneurship, which will be the subject of my Print '09 presentation on September 14. I'll have much more to discuss at that time. It's hard to start from scratch, and it's even harder to start from scratch when you need to extract yourself from a legacy business. It can be done, and in the case of our industry, it must be done.
Monday, August 10, 2009
Is Dr Doom (Joe Webb) Morphing into Dr Feel Good? "There is Positive News . . .Really I meant it."
at 5:20 AM