Although I had always planned to update the 2009 edition of Creating Wealth with a Small Business, I had no idea that a major revision would be needed so soon. But from early 2009 (when the book was first released) to mid-2011 (when I am completing work on the 2010’s edition) the economy has undergone a series of wrenching changes that have impacted businesses of all sizes, destroying vast amounts of personal wealth in the process. This has not been limited to the United States; the crisis is global. Moreover, the end is not yet in sight. Federal, state and local governments in the U.S., the U.K. and the Euro zone are only just now beginning to feel the full effects of the economic decline. Austere public budgets and sharp reductions in government spending are expected to exert further downward pressure on the global economy. The next few years could be every bit as volatile as the last two. The small business owner/entrepreneur caught up in this cascading chain of economic disasters is under stress in ways unimaginable just a couple of years ago. The economic boom years are over; entrepreneurs are going to have to make adjustments if they are to thrive in an extremely unpredictable economy.
In mid-2011 a completely revised, post-recession edition will be available both in hard copy and Kindle/Nook/SONY Reader formats on all major book websites. Order online or through your local bookseller.