Another Perspective

Bruce Schierstedt sent along a link to a poll that was conducted at a website that attracts a more techie kind of entrepreneur crowd called Webware

In and quick and admittedly unscientific poll on Webware, I asked entrepreneurs to answer two questions. The practical question: “How long will your cash last?” The state of mind question: “How freaked out are you?”

The results were kind of interesting.  The author, Rafe Needleman, sounded concerned that only half of the respondents to his web poll had enough cash to last at least a year.  He clearly must hang out with a different crowd of entrepreneurs than I tend to!

About two-thirds are feeling pretty good about their future and are not “freaking out.” 

Although not a valid survey (no web poll ever is), it is interesting to hear what this group of entrepreneurs is thinking right now.

My own read from entrepreneurs I talk to is that they are still optimistic when they look at things over the long-run.  But, they are concerned about the next year or so.  In short, if they can hang in there for the next several months they believe that good times will return.