Being someone who talks about change a lot I wanted to be the first to say that - things are seriously changing right now!
Shocking, no?
Don't even ask me how it will all turn out, I could not have predicted the end of Pownce (kidding I totally knew it sucked).
So many business models will be tested and truly the strong or insanely stupid will survive. But, the best advise I have been given lately is to avoid the Fortune 500 companies with extreme prejudice. Seems the large to medium size companies are the first to really feel the constraints of diminished lending and tightened budgets. The streamlined operations, with minimal capital overhead can absolutely survive and plan ahead for a flourish of business when our economy begins to recover (even if it is NEVER the same). This is late night ramblings of a guy who spends most of his time in other people's business with little or no accounting skills...so take that with a grain of salt - just a tiny bit of it.


