Vegas

Running a small business? You might want to move to Vegas. I heard that it is the place to be during a recession. It was one of the few industries that made money during the Great Depression. It sure made something of Steve Wynn and Kirk Kerkorian. I mean, Kirk's having some trouble with some bad investments in the auto industry, but the former owner of MGM is still a billionaire, and he started out poor, and has only an 8th grade education. Well, I should say, I read that he only has an 8th grade education, but I am not certain that this is true.

Whatever the case may be, the man grew himself from poverty to filthy rich. Same with Wynn, although, Wynn was never poor. Wyn has built so many hotels in Vegas including the Bellagio, Wynn Las Vegas and Treasure Island.

I am not saying you should go to Vegas and start building hotels. Believe me one of those babies will probably run you a billion dollars. No. What I am saying is that there is bound to be some derivative business you can run down there, something you can offer the established industry, as a small business person, that could net you some cash. Because, look around you. There is a real blood bath across the globe right now. People need to feel happy again. I think the most profitable businesses will be those that make people forget their problems. If you can't build the hotels and the casinos, find some product or service you can offer them.

Vegas seems a good place to start. What do you think?

I should disclose that I'm up to page 40 of Winner Takes All by Christina Binkley so I've got Vegas on the cerebral cortex!