Its time of recession you hear a lot of people say, business is not well then there are others who have carved out opportunitiesÂ in these dark times.
I have been hearing two things lately from people I meet.Â And largely you can divide them into two groups. First group is the people who are saying stay safe lie low, if you have a job thank your stars and stay put don’t make a move till 2009 is over.
Then there are the others, the more fearless ones who are feeling the change are seeing the half full glass.
You might have heard a lot of the negative side I would like to put in front of you the arguments of these crazy fearless people and let you be the judge of their sanity here are their arguments
They are saying since there are budget cuts every where, companies with smaller foot prints are getting a chance to present them selves. People who never considered smaller service providers or vendors are considering smaller companies who can offer competitive prices. They are saying companies who previously never even gave them audience are opening to doing business with them because they can provide competitive services at rates lower than bigger counterparts.
Second argument they have is that quality human resource is available at pays that smaller companies can afford. Because all the big ones are shedding of extra weight human resource is available to newer companies at packages which they can afford. And because the fact that bigger is secure no longer holds true, the employees are understanding the reality that at this time a smaller company has more chances to pass through this recession than bigger companies. This is helping these newer companies to start attracting good talent.
Another thing they say is cost of running has gone down a little, with rents going down with this recession. Landlords agreeing to offer their space at lesser security deposit and lesser advance makes it easier for some one to setup a shop.
I don’t know if you agree to these points or not but in last few weeks I have seen 3 people leave their secure jobs and start their businesses.Â Have seen an exponential increase in head hunting efforts by companies who are deeply rooted here, and as of now know at least 3 companies who are hiring like crazy.