I don’t know about you, but my neighborhood pool has been a bit over-crowded lately, closer to human stew than the Mediterranean. I’ve spent quite a few evenings there over the past week, soaking in shallow water while the kids swim free, catching up on what the parents have to say about their jobs — or former jobs.
Not surprisingly, I’ve heard some grim stuff: 60-hour work weeks cut down to a trickle, law firms giving up on a decent recovery until somewhere in 2010, newcomers with advanced degrees and great ideas getting nowhere with their job searches.
It’s enough to make you wonder if the economy — and the pools for that matter — might be more appealing elsewhere. But then the other day I wandered into a shallow-end conversation that gave me a completely different impression. I had met Prashant before through the usual stuff, tennis and kids and so forth, but we had never really talked. What I didn’t know is that he’s held executive positions with local firms like Tripwire and Fios; he’s launched a start-up and business is pouring in faster than he can handle it. His partner is a lawyer who lives across the street, and he says that tons of people from his neighborhood are seizing on the momentary lull to build new businesses. As you might expect, he’s got a substantially brighter view of the current trend towards frugality, because it is creating exactly the sort of environment he needs to convince companies to take a chance on his value proposition.