subject: Starting An Internet Business During A Recession [print this page] A lot of people have been affected by the recession and most of them have lost their jobs or have shut down their businesses. Starting an internet business may not sound any different after the recessions blow on you but the truth is, it is. If you have some money to spare, why not start an online business instead of hunting for jobs or trying to rescue a failing business. Here are some points why starting an internet business during a recession is fail-proof:
Higher success rate
Statistics show that online entrepreneurs have higher chances of being successful in a shorter amount of time compared to other entrepreneurs. So even if this industry will be affected by a recession, it would be at a minimal level.
The internets power
The internet is like a different dimension, it is unaffected by whats happening outside its scope. As far as I know, there are no news or articles about the internets economy being down because of the global recession; so starting an online business during a recession is definitely safe.
Recession equals need to make money
What do we usually do if we know theres a super typhoon coming? We stock up supplies right? It is almost the same during a recession. The one thing on the minds of the individuals affected by it is to make money. Jobs are hard to get by during these times since a lot of businesses which employ people have closed. Starting a brick and mortar business (traditional, offline) in a recession is like running in the wrong direction. Businesses are closing but you are starting one. Most, if not all will definitely not do that. Starting an internet business on the other hand is new to most of the population. Besides, its the internet; so its recession proof.
by: Alvin Dionaldo
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