On Tue, Nov 11, 2008 at 08:32:37AM +0200, Jonathan Ben Avraham wrote:
Hi Hetz, other list members,
From my vantage point on the market, it looks like we are in for a long
period of declining job opportunities and declining income. The VC's are
calling this a "nuclear winter".
The ones that still have money are more likely to invest in
risky ventures because everything else is risky too. It may also be a
good time to get small investors investing in seed startups as they need
to hit it big to retire and the chances are greater than lottery tickets. :-)
What I see is the big difference is that anyone who submits a plan to
a VC is going to find that they submit it to far more due dilligence than
they did before. Now not only do will you have to convince them that
it's a good idea, you will find that every fact and every number gets checked.
As for declining income, really skilled people who are good at marketing
themselves will do well, and people who are not as skilled in either will
not. I suggest that everyone who plans to look for a job in the near future
look for Dale Carnegie's "How to Win Friends and Influnce People", which
has been out so long you can find a version out of copyright on the Internet,
and buy a more recent edition in any Steimatsky's in either Hebrew or English.
If the tax plan Obama promised during his campaign gets implemented, the
US will have higher taxes than Israel. This will make Israel attractive
again to US investors.
Geoff.
--
Geoffrey S. Mendelson, Jerusalem, Israel [EMAIL PROTECTED] N3OWJ/4X1GM
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