Tag Archives : economic downturn

One of the most successful and revered entrepreneurs in the world and billionaire, Sir Richard Branson of Virgin Group, via his latest campaign, StartUp Britain, has urged the aspiring entrepreneurs to take bold steps and create their own success stories, from an economy that was nearly shattered by the 2009 global recession. StartUp Britain has been [...]

The global economic downturn has taken a serious toll on the United States as the world’s most powerful country witnessed a tragic hike in its unemployment rate, that now stands at 10.2%. This unfortunate statistical figure has been attributed to the massive layoffs being done by the companies to save their own existence during this recession [...]

Forbes magazine came out with a list of 10 people whose businesses are prospering in spite of recession. Experts have judged their success, saying, “Lean staffs, a passion for their products and obsession with quality give them a layer of insulation that bigger outfits don’t have.” These qualities are not unique in a time of crisis, making [...]