Fred Wilson, talking about job loss and creation and Charlie O’Donnell’s post In this economy, we’re all entrepreneurs, Twenty-Two Years Of Job Creation Wiped Out In One Day:
The big companies are not going to be the answer. We are going to need more people going out on their own. Some will raise venture capital, but the vast majority will not. They’ll bootstrap a business that hopefully can cover their cost of living. I think that is a more scalable model for replacing 3mm to 5mm jobs per year.
In other words, instead of looking for a job, create your own. It won’t be the best strategy at all points in time, but it could be right now. Creating your own job is the best way to get hired.
Falls in line with something I’ve been thinking about for a bit…
