America's Entrepreneurial Spirit Still Alive

(MoneyWatch)  90% of small business owners would still rather start their own business than work for someone else, despite the recession, according to a new survey commissioned by Elance and Microsoft Office Live Small Business and conducted by independent research firm Decision Analyst.

The results, which are summarized in Entrepreneur Magazine, suggest that entrepreneurs are more optimistic than one might expect:

• 40 percent indicate that they have a positive outlook for their business in 2009
• 76 percent said they would maintain their current levels of staffing throughout 2009
• 67 percent said that profitability is the most important priority for them in 2009

Looks like many small business owners still have faith in their firms and are planning on powering through this downturn.

Would you rather work for yourself or work for someone else in this recession?