I've taken the jump on this "global financial downturn" (cmon, we all know it's a recession!), by doing exactly that, Mike. I just hope I've gotten on my own train early enough.
The next 12 months will see the majority of my freetime going towards a web-service, focusing on the entertainment industry. Why entertainment? I figure if I can latch onto a market that has a mostly dispensable income, then any recession hopefully shouldn't affect it too badly. Not only that, but this is something I've been wanting to do for many years, and with what's happening financially around the world, now's never been a better time to start. On top of that I'm also expanding my own company's products and services. I think it's prudent to prevent rather than cure, as sometimes the cure can be too late. Kirk -- http://www.kirkbushell.com On Mon, Mar 16, 2009 at 6:50 PM, Mike Bailey <[email protected]> wrote: > For as long as I can remember there has been a "programmer shortage". The > global financial crisis will force many consumers and businesses to reduce > their expenditure. I don't however think it will result in a reduction of > opportunities for wealth creation through innovation, particularly in web > applications. > > It's easy to slip into The Pie Fallacy, "You can't make the pie larger". > There are many opportunities out there to reduce costs/increase revenue that > haven't been explored because we've been too busy. When the customers stop > banging on our doors we may need to take our ideas to them. In many cases, > we're in a better position to see the easy gains customers won't know > possible. > > Will more consumers turn to the web to save money? Australians never took > to mail order like the Americans did. Maybe more people will buy their pens > online for 40% off? http://justwrite.com.au/ > > Will smaller businesses turn to SaaS or bespoke web applications to reduce > costs, and increase revenue? > > Will companies want to reduce their CapEx by making use of Infrastructure > as a Service? > > Innovation in technology drives economic growth and is key to wealth > creation. We need to think more about growing the our pie by offering value > to clients who don't realize what's possible. > > - Mike > > Pie Fallacy: http://www.paulgraham.com/wealth.html > > > > > On Mon, Mar 16, 2009 at 3:15 PM, Craig Ambrose <[email protected]>wrote: > >> >> Hi everyone, >> >> I'm not sure if anyone else is feeling like business is a little >> different to what it was a couple of years ago. I'm a bit concerned >> about it, and I've decided to drop my rates fairly dramatically. I'd >> be interested to hear what others are doing. More on my thoughts here: >> >> http://blog.craigambrose.com/past/2009/3/16/keeping_it_real/ >> >> cheers, >> >> Craig >> >> ------- >> Craig Ambrose >> Cogent Consulting >> http://www.craigambrose.com >> >> > > > > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Ruby or Rails Oceania" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/rails-oceania?hl=en -~----------~----~----~----~------~----~------~--~---
