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LEARN TO BOOTSTRAP

After my first year of college, my mom announced she was out of money. It wasn’t what I wanted to hear, but tough luck. I went home, got a job as a girl Friday at Priam, a Silicon Valley–based corporation, and saved what I earned. A year later I returned to college, knowing something I hadn’t known when I left: I may need to make my own way in life to get what I want, and I can.

During economic downturns, many of us face similar circumstances. In trudging through a gloom-and-doom atmosphere, there are things we want to do for ourselves or our family, businesses we want to expand or start, but can’t.

Here’s the reality: whether times are good or bad, many of us don’t have what we want, or what we perceive we “need,” to ...

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