Laura Zera

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The Fundamental Flaw of Bootstrapping

By Laura Zera 17 Comments

Buckle up, here comes my Canadian perspective again…

I miss these.

I’ve noticed a couple of things since moving to the United States eight years ago: there’s a strange absence of mail collection boxes on street corners and other handy places (I no like having to drive to a post office in order to mail a letter) and a surprising lack of use of the one dollar coin. I was here for years before I even knew there was a one dollar coin. (And if you guys tell me there is a two dollar coin, I am going to be flabbergasted.)

Okay, I’ve noticed a few other things, too, especially now that I’ve been here through two—almost three—presidential elections and a nasty, ugly recession. One thing is that the American Dream really is a real thing! (I’m sorry, America, but in Canada, The Pursuit of Happiness is just a band with song titles like “Gretzky Rocks.”)Continue Reading

Getting Out of Poverty: Bootstrapping Around the Barriers

By Laura Zera 16 Comments

Several years ago, pre-recession, some married friends of mine decided to start their own business. The husband (I’ll call him Jay), a plumber, worked for someone else, and while he liked his job, his wages weren’t enough for his family of four to break out of a low-income bracket. Jay and his wife (we’ll call her Beyoncé, just to mess with the image in your head) went out on their own.Continue Reading

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