Abby Ohlheiser reports that many entrepreneurs are striking out on their own as a last resort:
Read through advice on starting a small business, and you’ll find that the path has been lined with caution tape. Never start a small business just because you have no other options, experts counsel. This wisdom is generally offered with a nod to the number of new businesses that fail: three in 10 within two years, and the majority after five, according to the Small Business Administration. If you already have a steady job, those figures make a compelling argument for starting your business as a side project until you’re confident it will actually take off. But for those with no good options, what is there to lose?
Between 2008 and 2009, the number of Americans gaining employment from starting a small business doubled to nearly one in 10. Recognizing the trend, the Small Business Administration has set up resource pages for those trying to start small businesses while saddled with student debt or while unemployed.
The Dish 