The Recession is Over?
0 commentsI have been watching company presentations all day at the Philadelphia IMPACT venture capital conference. It's been interesting. They have used a rapid response system to answer survey questions about the current, and future, economic trends.
The crowd, made up of a lot of smart bankers, lawyers, and business people, was about 80% optimistic. That's encouraging. I guess. As long as you ignore the fact that the same worldly mix failed to predict the 2008 crash.
That being said I am extremely optimistic about the near future. I am a pretty conservative person and I am ecstatic about last weeks election results. Not because I expect the new congressman to actually do anything, but mostly because I think there presence will restore stability to the previous "change everything" strategy of the executive and legislative branches. Instability and unpredictability are the real enemy of business.
That is not to say that we can't manage change. But too much change is scary, and scared business people tend to stand still and not move forward for the fear of falling backward. Even then we can only stand still so long before the paranoia of getting left behind takes over and you have to move.
The bottom line is that we have all been standing still too long and it's time to move forward and get our businesses growing again.
If we all believe we can move forward then the momentum will propel us all.
So, let's get to it.
- Posted using BlogPress from my iPad
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