Wednesday, October 8, 2008

Update and Announcement

Wow, what a past couple of weeks it has been. First, Hurricane Ike, which we survived intact. Though, with almost 2 weeks without power and water, it was a mess.

I have a much greater sense of respect for those that lived before the introduction of running water and electricity. However I do realize that they were set up to cope with this, not shoveling water from bathtub to toilet or taking baths with bottled water. They had outhouses, bathing tubs next to well pumps, and a breezeway built into the house to cool off. I would have killed for any of these after a couple of days.

The money lost in the way of spoiled food, and money spent on things like generators, ice and batteries, had budget conscious poeple like me near panic attack mode. Then listening to the radio like the old days I began to realize why they had such active imaginations, your mind gets used to filling in the visual blanks to compensate.

As you sit there thinking how life could be worse than being hot and sticky with 2 complaining children and a shrinking bank account, you hear the announcer on the news radio station tell you that an economic crisis has begun. Banks and insurance companies are failing, and you feel the urge to run to the bank and withdraw your money to be safe, but you remember that banks cannot operate without electricity.

I have been glued to the news channels ever since our electricity came back on. Watching the stock markets plummet and the government inaction (not a typo). Then the dreaded came, I went to check our investment accounts, 1/3 of our retirement savings gone and this is just the beginning.

Needless to say my entrepreneurial desires have been put on hold. I have to get my family back to that secure place before natural and economic disasters insue. So I have been pondering what to do with my blog, and have decided that I will fill the void with my expertise and give some financial insight into the economy and maybe a little advice from time to time.

I hope this will suffice for those that came looking for starting a business advice. I hope that all of you are safe and that you were able to cope with these difficult times. Here is to hoping for a speedy job search!

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Welcome To Start-Up A Better Life

This isn't about the traditional ways of business, but sustainable business in the new technological landscape. Gone are the days of the traditional "mom & pop" stores. A new era of globalization has been ushered in, though this is not the death of entrepreneurship. Rather it is a chance for us to adapt and thrive as the next generation of business owners.