The BizFilings blog covering business tips and trends.
Need a Business Startup Idea? How About Jellyfish?
Published on Apr 27, 2009
Read 'Need a Business Startup Idea? How About Jellyfish?' at 'Time to Start Up,' the small business blog by BizFilings.
"Alex Andon, 24, a graduate of Duke University in biology, was laid off from a biotech company last May. For months he sought new work. Then, frustrated with the hunt, he turned to jellyfish."
So opens the excellent article on business startups, "Weary of Looking for Work, Some Create Their Own," by Matt Richtel and Jenna Worthman published last month in the New York Times.
Andon is representative of many highly-skilled, highly motivated workers who, through no fault of their own, have found themselves victim to the economic climate.
These budding entrepreneurs are applying the knowledge their prior experience has afforded them into starting a new business, with remarkable and creative new ideas.
Andon's home business, for example, leverages his knowledge of new technology to create customized jellyfish tanks which help to ensure these creatures survive the perils of captivity. The product offering he's created has recently equated into a $25,000 sale of a customized jellyfish tank to a restaurant.
Other recently laid off entrepreneurs, including Monica Zamiska formerly of public relations firm Ogilvy & Mather, and Ryan Kuder, formerly of Yahoo!, have launched business startups including a website offering restaurant reviews, and a firm that develops cutting edge websites for businesses, respectively.
I have no doubt that our economy will make its way through our current crisis, and truly believe that new business startups and small businesses will be a big part of what will help pull us through.
If you find yourself in a similar situation to the entrepreneurs described above, there is truly no better time to start a business. If done correctly, there is no passionate business startup idea that doesn't offer a chance of success.
When in doubt, remember the jellyfish.