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Weary of Looking for Work, Some Create Their Own
Alex Andon, 24, a graduate of Duke University in biology, was laid off from a biotech company last May. For months he sought new work. Then, frustrated with the hunt, he turned to jellyfish.
In an apartment he shares here with six roommates, Andon started a business in September building jellyfish aquariums, capitalizing on new technology that helps the fragile creatures survive in captivity. He has sold three tanks, one for $25,000 to a restaurant, and is starting a Web site to sell desktop versions for $350.
Plenty of other laid-off workers across the country, burned out by a merciless job market, are building business plans instead of sending out résumés. For these people, recession has become the mother of invention.
Economists say that when the economy takes a dive, it is common for people to turn to their inner entrepreneur to try to make their own work. But they say that it takes months for that mentality to sink in, and that this is about the time in the economic cycle when it really starts to happen — when the formerly employed realize that traditional job searches are not working, and that they are running out of time and money.
There are some peculiarities to this wave of downturn start-ups. Chiefly, the Internet has given people an extraordinary tool not just to market their ideas but also to find business partners and suppliers, and to do all kinds of functions on the cheap: keeping the books, interacting with customers, even turning a small idea into a big idea.
Photo by brainware3000.
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SEO Software on March 16th, 2009 11:13 am
Jellyfish! Why didn’t I think of that?! ;)
GoEverywhere Team on March 16th, 2009 3:19 pm
When my husband left the military and we told everyone we were going to work on the internet for home, they thought we had lost it. It was the best decision we have ever made.
I love the fact that I take two steps to my office, logon to my webtop with a cup of coffee in hand and start my work day. It was an uphill battle to get to this point, but we made it!
Jackie on March 16th, 2009 4:49 pm
Considering the present economy, I think the best way to survive the crisis is to start your own home-based business, this can be a great way to make a living, check out Bizymoms.com Franchise Websites http://www.franchisefordads.com and http://www.franchisesformoms.com
which gives visitors access to a large variety of resources when looking to start their own Franchise Business. Great websites with the latest Franchise Opportunities for Moms and Dads, has a wide selection of Franchise Categories to select from depending on your budget and preference. You can find Work at Home Franchises and a whole lot of resources to help you start a Franchise Business including advice by Franchise Experts and interviews with over a hundred CEOs of various franchise companies.
bp on March 16th, 2009 8:57 pm
Glad this dude found a way to turn lemons into lemonade – I think we will see a lot more of that in the coming months.
Jaclyn on March 17th, 2009 8:35 am
That is a very unique and new idea…jellyfish tanks! that is pretty cool i think. it would probably be very beautiful to have some jelly fish in a tank in your business or home, however, i do wonder how one would go about cleaning it given the fact that they are very deadly in terms of their stinging power.
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