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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (25520)	12/1/2004 3:10:53 AM
From: Amy J	Respond to of 306849

Grace, RE: "Yes, I've known these stats for a while. It's safe to say most businesses fail, as you point out " Agreed, so I think in your earlier example, it's fair to say your example is more rare than common. RE: " What was never lost on me was that her specialty was getting small business people out of their failing businesses" Once an accountant does this once or twice, very few other small business would hire them. Thus, it can become their "speciality" by force. RE: " One older salesman there treated me like I was their best customer which surprised me so I asked him why " Yes, very familiar with this. After the bust, a lot of vendors learned to trust the frugal companies. But even during the boom, some knew this already. RE: "This is why businesses started in recessions " The State where I was born, there is a nice set of impressive tall buildings whose businesses were spawned during the Great Depression. If the Great Depression didn't kill them, nothing will. They are the State's strongest corporations. During the recent downturn in the hightech communications, the downturn in that particular sector was classified as an economic depression not a recession. RE: "Think about all those dot bombs which had all that WS money thrown at them early on. Some might have had great ideas behind them, but they were killed by money " Very true. Very much a thing of the past too. Regards, Amy J