The current recession isn’t a new experience for Ken Yancey. A banker by training, he recalls the 1980s when he worked in the Dallas - Ft. Worth area and “every bank I ever worked for failed.”
That perspective serves him well in today’s difficult economy. As CEO of SCORE, he marshals a volunteer army of over 11,000 business executives thatprovide advice to thousands of small businesses and would-be startups across the country. Formed in 1964, SCORE today has 370 chapters and 800 branches across America. About half the businesses seeking advice from SCORE have fewer than 10 employees and have been in business less than 5 years. The balance of the organization’s clients are mostly new to business.
Ken’s position at SCORE keeps him in close touch with the cash flow and other problems thousands of small businesses are experiencing in our tough economic climate. In this interview, he talks about the activities and goals of SCORE -- and expresses disappointment that the recovery package won’t do more for small business.
“The MyVenturePad website allows me to be part of a uniquely focused online small business community. It helps get my content & message out to a wider audience, I can read and network with other small business owners & experts. In short, it allows me to keep in touch with the people & topics shaping the small businesses world today.” Niall Devitt