Tough times for entrepreneurs

St. Paul, Minn. — The recession and the resulting credit crunch have formed a 1-2 punch for many entrepreneurs, but some say a down economy can be a great time to launch an entrepreneurial career.

Midmorning looks at the risks and rewards for people looking to start their own venture.

Guests

• Bo Fishback: Vice-president for entrepreneurship at the Ewing Marion Kauffman Foundation.
• Scott Shane: Professor of entrepreneurial studies at Case Western Reserve and author of "Illusions of Entrepreneurship." He contributes to the New York Times "You're the Boss" blog.
• Liddy Karter: Managing director of Karter Capital Advisers and executive director of the Angel Investor Forum.

Resources

• About Bo Fishback
• About Scott Shane
• About Liddy Karter
• Golden Seeds