A combination of Tracy plus Ian's suggestion of killing the Daemon once running got me back up and running.
To summarize:
First, Birche's steps:
1, Start Outlook, and the main window will not open
2, Start Activity Monitor and kill the Microsoft Database Daemon
3, Go back to Outlook, and now the main window will open
4, Put the text "Microsoft Database Daemon" in the Spotlight, find it and start it
/Applications/Microsoft Office 2011/Office/Microsoft Database Daemon.app
- This got my main window back, but outlook wouldn't connect to the server.
Now for Tracy's step:
6. Make sure "Hide On My Computer folders" is unchecked in Preferences/General
- Quit Outlook
- Open it back up. Should load main window AND start pulling down new mail :)
you guys/gals rock!