A lot of people around here in Acadiana compare the recent downturn in the oil business to the downturn in the 1980’s. The general consensus seems to be that although this downturn is having a longer-term effect within the oil business itself, it’s having a lesser effect on the overall Acadian economy. The reason everybody gives for that is one word: diversification.
And it’s true. Over the past couple of decades the scope of local business has grown to include all kinds of new enterprises, from technology to tourism.
Along with this diversification has come a whole new breed of Acadian business person. The entrepreneur. These are, for the most part, people with businesses that have nothing to do with the natural resources in this part of the world – other than imagination and hard work. People like Aileen's lunch guests on this edition of Out to Lunch, Wayne Nix and Jeff Martin.