Lemonade Maker: Lori Chalmers, Downturn Designer

At the end of 2007, Lori Chalmers was laid off from her main graphic design gig with one day’s notice. Scrambling for income, she took a shot at turning her hobby—designing and making handbags—into a business. The 30-year-old talked to us about how she created her Toronto-based fashion company, Cha Cha, from scratch.

One day?

Well, as a freelance you have no protection, no severance, nothing.

I came home and had locked myself out of my apt. So I was waiting for my landlord, thinking about how I could make some money quickly. I had been making bags for my friends and for myself. It was my one skill…

Lemonade Maker: Jim Dowd, IT Entrepreneur

Profiles of people who are seeing opportunity in a pile of economic lemons.

Jim Dowd, 40
Gloucester, MA

Before recession: Technology Strategist
Now: Entrepreneur and Co-founder, HelpGuest Technologies. HelpGuest connects people who need tech support with people who can provide it.

How are you making lemonade?

A. We want to be the good guys. Remember Jimmy Stuart’s character George Bailey in “It’s a Wonderful Life?” How he used his business to make people’s lives better during hard times? That’s who we want to be.

With all of the layoffs and companies going under, a lot of people have been cut adrift. Either they have been pushed out from under the corporate IT support umbrella or they have support to give but no means by which to offer it efficiently without the context of a corporation. That’s the niche we fill.