Michael Sheehan just posted 10 tips to survive the economic downturn over on the GoGrid blog. Here's his list:

1. Start Now
2. Outsource
3. Avoid Capital Expenditures (CapEx)
4. Simplify/Set Realistic Goals
5. Remain Flexible
6. Network & Socialize
7. Conserve Expenses
8. Don’t Ignore the Rest of the World
9. Cash Flow Management
10. Keep your Day Job (ha!)

Read his full post HERE