Owners Toughened By Recession


Inc.:

Entrepreneurs think the recession is making them better business owners, and, according to a recent report, they’re beginning to feel cautiously optimistic.

The American Express Open small business monitor surveyed 727 owners of firms with fewer than 100 employees and found 77 percent think managing through the last few months has made them better at managing their businesses.

According to Alice Bredin, a small business advisor to American Express Open, gloomy economic circumstances have forced entrepreneurs to perform at their highest possible level, giving them more confidence as they face new challenges.

Entrepreneurs think the recession is making them better business owners, and, according to a recent report, they’re beginning to feel cautiously optimistic.

The American Express Open small business monitor surveyed 727 owners of firms with fewer than 100 employees and found 77 percent think managing through the last few months has made them better at managing their businesses.

According to Alice Bredin, a small business advisor to American Express Open, gloomy economic circumstances have forced entrepreneurs to perform at their highest possible level, giving them more confidence as they face new challenges.

Photo by biewoef.

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