Feb
17
A Time for Enterprise? from Nigel Davies
February 17, 2009 |
At this time when many people are trying to move to 'safe' jobs I wonder if a contrarian approach and enterprise is in order. It strikes me that whilst the timing may still be a little early there seem to be many strong arguments in its favour:
1) If a week is a long time in politics, how long will it take the man on the street to decide that those in cushy but unproductive government jobs are just a waste of valuable resources?
2) With many firms in the process of closing down, what demand there is will go to the survivors which offer the best service and value.
3) With resources becoming ever cheaper, research and development (especially on a technological front) can be achieved at lower cost whilst simultaneously reducing the tax bill.
4) Nations may soon be competing to house growing businesses in order to rebuild their economies.
Some questions come to mind, for example how one should identify areas of growth. My first instinct is that the areas with demand will be those which haven't been propped up by government, ie businesses with few employees. But then fewer of these may have gone to the wall.
GM Davies is the author of Play 1 e4 e5: A Complete Repertoire for Black, Everyman, 2005
Comments
3 Comments so far
Archives
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- Older Archives
Resources & Links
- The Letters Prize
- Pre-2007 Victor Niederhoffer Posts
- Vic’s NYC Junto
- Reading List
- Programming in 60 Seconds
- The Objectivist Center
- Foundation for Economic Education
- Tigerchess
- Dick Sears' G.T. Index
- Pre-2007 Daily Speculations
- Laurel & Vics' Worldly Investor Articles
OK Nigel, you and me — chess and cappucino laundromat. (free chess for women…)
Or… a chess version of Hooters. Potential branding and test-market options: Rooks'n Racks; Boobs'n Bishops; Knights'n Knockers; Pins'n Pawns; Queens and Queens (same-sex demographic); and Kings and… (let's just give that one a miss.) Cheers, George
This is a great time to start a customized wheelbarrow business because when the inflation kicks in you’ll need something to carry cash around.
George,
The laundromat is a great idea, but only as a front for some black market operations (eg money changing). But I’m afraid you’ll be on your own with this, I should be getting a top job in the sport committee. Chess, being prestigious but inexpensive, tends to be big in poor countries. So roll on global poverty!
Nigel