Category Archives: business ideas

Recession Proof Business Opportunities, Top 3 Small Business Ideas

Posted on by admin

Have you noticed how much you hear the “R” word lately? There certainly isn’t a shortage of news reports on negative financial news out there. As the threat of an U.S. recession continues to grow, you need to ask yourself a question:

“Would you struggle through an economical recession or would you thrive in it?”

There are several products and services that do well in recessionary times. Even as people cut back on expenses and frivolous items, there will still be some products and services that will do well in recessionary times. In fact some will actually thrive in a recession.

- Online Businesses

Online businesses are simple and inexpensive to start up and can be very profitable if done right. It is estimated that U.S. online spending will increase 17% in 2008. This double digit growth is expected to continue for many years as consumers become increasingly comfortable purchasing online and enjoy the conveniences and cost savings of not driving to the mall. Almost every aspect of starting an online business can be outsourced and with almost no overhead, profits tend to be much higher then a high risk retail store.

- Credit and Debt Management

As more American’s lose their jobs to downsizing and lose their homes to foreclosures, credit ratings and debt levels are directly affected. Marketing these services is ideal but doing the actual credit repair or debt collections/negotiations can be rather difficult. By finding the right business model within these industries you can have a product in high demand.

- Healthcare

Despite a lagging economy, people will continue to need healthcare. As the baby boomer generation continues to age, so does the need for services in this industry. By finding a profitable niche in this industry you are assured to see increased demand over the next 30 years.

There are many opportunities for entrepreneurs during a recession and we have just touched upon what to look for. The secret to your success is “finding the right business model” to explore.

You could just as easily start a new business in any of the 3 above categories and be dragged down by a business that requires all of your time, doesn’t have the profit margins needed or has high start up costs & high risks.

Don’t make the mistake of starting a flawed business. Play particular attention to the type of business model you get into when looking at the above 3 industries.

Business Ideas for a Recession

Posted on by admin

I re-visit business ideas and working options for a recession. I also re-visit Professor Paul Zane Pilzer’s earlier predictions.

Earlier this year I wrote about why I believe home based internet businesses will soar over the next few years. As it turned out the title was a little misleading as I got side-tracked into putting forward ideas set out by Professor Paul Zane Pilzer. Pilzer has the uncanny knack of accurately predicting economic trends and has been doing so for over 20 years. Despite the slightly misleading title this article has been read by hundreds of people.

What I had intended to communicate was that the economic downturn – it wasn’t a recession then – would bring thousands of people to the internet looking for information on developing business ideas for a recession. The reason being that more and more people would begin to see the necessity of developing multiple streams of income to secure their financial future.

I used ideas from Professor Pilzer to support and encourage this. Some of these ideas included the assertion that the economy was in great shape. In fact, he said, it was in the middle of its greatest growth spurt in history.

Another of Pilzer’s assertions was that the age of the corporation, barely a century old, was now giving way to the age of the individual entrepreneur. He predicted that the economies of scale, which supported large corporations, no longer applied. Because of this, huge corporations were splitting up into smaller units. Taken further this meant that individual entrepreneurs would now accumulate the wealth that would have gone to the corporations. This would create 10 million millionaires over the next 10 years (US alone).

Now you could see the logic in that provided the economy was indeed going through its greatest growth spurt in history. But is it?

Answer. Yes it is. What is happening at the moment is part of the dismantling of the large corporations. Admittedly, it is extremely painful for many people with more pain to come.

However, this is your opportunity as an individual entrepreneur to step forward and claim your share of the wealth.

But how?

Well Paul Zane Pilzer was particularly talking about the network marketing field for these business ideas. However, he also mentioned the speed of technological change and the opportunity that arises for you if you can close the technology gap. It is his belief that the internet has barely gotten started.

As an internet entrepreneur, whether internetwork or online marketing, you have this tremendous opportunity to help others into this field. As the recession bites even harder, millions of people worldwide will look to you to get them started. This will create residual income for your lifetime.

Internetwork marketing is the new term for MLM that is properly done by use of the internet and Attraction Marketing. Another of Pilzer’s observations, and this has been said by a number of the great entrepreneurs, is that your wealth is rewarded directly in proportion to the number of people with whom you are willing to share.

This is exactly what internetwork marketing is about and is how residual income is generated. However, this can apply equally to other types of online business.

One of Paul Zane Pilzer’s most telling comments was: “… today, working for yourself is actually the safer route, and working for a corporation has become the riskier proposition.”

No matter who we want to blame, there are thousands and thousands of displaced workers around the globe who would agree with this observation. Change has come. Business ideas are changing. Working options are changing.

Step forward to claim your share of the wealth.

10 WAHM Business Ideas

Posted on by admin

Not sure what kind of business you should start? This article will give you ten WAHM business ideas to get you started!

1. Virtual Assistant. With this WAHM business, you are essentially a remote secretary for anyone who hires you. You’ll do data entry, make phone calls, write letters and any number of other tasks.

2. Freelance Writer. Write articles for websites or magazines, blog posts for blog owners with no time, or even greeting cards. People pay good money for those who can string words together well.

3. Caterer. If you have mad cooking skills, you might want to consider offering your services as a caterer. You could also offer decorated cakes, if you’re good at baking.

4. Daycare. Want to stay home and look after the kids? Then why not bring in more children and earn some money doing it? This usually requires very stringent paperwork to ensure top quality care, so do your research first.

5. Tutor. Great at math? Have a knack for explaining English? Why not tutor kids who are struggling in school? You can do this at your home, in their home or even online. English classes for foreign students is another option with this WAHM business.

6. Artist. If you can draw or paint or sculpt, there’s no reason this can’t be turned into a business. You might not be ready to open a gallery, but you can do portraits and commissioned works to start!

7. Seamstress. Any mom with sewing skills has a huge range of business opportunities open to her. From making baby clothes to quilts from special clothing and tailoring dresses, sewing is a skill that is in high demand. You can work as a service or make items that you then sell.

8. Jeweler. Creative hands can turn out some really lovely jewelry and people are always looking for a unique piece to give as a gift or wear themselves.

9. Travel agent. Why not help others plan their trips and get paid to do it? You can either use affiliate links to help people book flights, or offer a more personal service, whichever appeals to you more.

10. Crafts. Whether you make your own soap or turn out crochet teddy bears, there is a big market for handmade these days. And, if you aren’t up for producing crafts to sell, why not teach others to do what you do?

There are many, many WAHM business ideas that you can work with. Do what you enjoy and can make a living at and you’ll be able to stay home with the kids and do something you love.