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Economy
See other Economy Articles

Title: My Business Update
Source: [None]
URL Source: [None]
Published: Jul 25, 2011
Author: me
Post Date: 2011-07-25 19:34:15 by jwpegler
Keywords: None
Views: 10473
Comments: 24

A few of us have talked about how computer professionals are starting to see more work lately.

There is clearly pent-up demand for computer services now, regardless of the overall shape of the economy and looming "debt crisis".

In the last week my tiny little company:

Signed a big deal with one of the largest mobile handset manufacturers in the world. We are starting next Monday, and I have to be in Taiwan the week of Aug 15th.

We have been invited to propose on a project for one of the most preeminent management consulting firms in the world. We don't have any background with them, so we'll see how it goes. It's just amazing that we somehow got on their vendor list and they contacted us.

I posted an add on the Seattle 2.0 website (for Seattle startups) last year. I got my first call from that channel 3 hours ago and I am meeting with the CEO of a very interesting startup company Wednesday morning.

This is just what's happened since last Wednesday.

Things are a lot better than they have been since 2007. A lot better.

My wife's home day care center is booming too. She's not quite full yet, but she's close and getting several calls a week. Last year, she struggled to get more than a handful of students.

I've been in the technology business for 20+ years. In every downturn, IT consulting is the best place to be when the recovery starts. Companies have a need, but they don't want to hire. I'm pretty sure that's where we are now.

Good times for me.

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Begin Trace Mode for Comment # 5.

#5. To: jwpegler (#0)

I've been in the technology business for 20+ years. In every downturn, IT consulting is the best place to be when the recovery starts. Companies have a need, but they don't want to hire. I'm pretty sure that's where we are now.

How does this success square with your belief that Obama has destroyed the economy? Surely you aren't now suggesting that there is a recovery now are you?

go65  posted on  2011-07-25   20:20:29 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 5.

#6. To: go65 (#5)

How does this success square with your belief that Obama has destroyed the economy? Surely you aren't now suggesting that there is a recovery now are you?

There is definitively a recovery in IT services -- since the spring and building slowly. In the last month, booming. Not just my business, but other IT services businesses where I know people as well. No doubt about it. It seems like a typically recovery over the last 20 years, where IT services leads the way.

IT services always recovers faster than the general economy. This doesn't mean that it won't all come crashing down before the larger recovery occurs. We'll see. But right now, I do see it. BIG TIME. I'm happy.

jwpegler  posted on  2011-07-25 21:28:51 ET  Reply   Untrace   Trace   Private Reply  


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