From: Colin McNamara (colin@2cups.com)
Date: Thu Feb 28 2008 - 19:59:40 ARST
I don't think it takes a PHD to understand that there is not money
working with finance right now. They are hurt pretty bad by overall
capital markets / mortgage decisions are are cutting back on anything
that isn't the bare necessity to keep them alive.
The one thing to keep in mind is that recessions happen, it is no big
deal. You just have to change your focus slightly. If you make sales or
get on contracts it is going to be centered around a strong return on
investment. In the 97-98 recession the ROI was connecting to the
Internet, doing bricks to clicks. In 2001 the ROI play was saving money
in telcom costs by using VOIP for tail end hop off of voice calls. In
2008 there are plenty ROI opportunities centered around virtualization,
server and network consolidation, Green data centers (less power),
automation and more.
I am actually happy that we are going into a downturn, it is going to
kill off some of the swarm of partners that have hopped onto the money
train lately (and generally screw things up). It is also going to
present some great opportunities for collecting talent that is caught in
the downfall.
And best of all, it is going to force home prices back down to a
reasonable level so we don't have to make 200k a year to own a decent
home.
-- Colin McNamara (858)208-8105 CCIE #18233,RHCE,GCIH http://www.colinmcnamara.com http://www.linkedin.com/in/colinmcnamara"The difficult we do immediately, the impossible just takes a little longer"
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