Finding Opportunities in the Global Economic Crisis

Finding gold in the dust

I hate reading the newspaper and watching the news these days. All I hear are bad news - economic recession, unemployment, financial difficulties, debts. It's a 'rainy season'.

I fired my boss and now I am making a living without a job. Let me briefly share with you where are the opportunities in difficult times.

In your marketing strategies, offer discount vouchers. Offer free reports to lure customers to sample your product.

Some business are dying, but some are booming. The booming ones are:

  • budget travel
  • budget hotel
  • rental business
  • outsourcing
  • freelancing
  • online store (e-store)
  • second hand goods
  • garage sales
  • green industry
  • waste-water
  • solar industry
  • biofuel industry

You can buy assets - properties, good stocks, business, gold, silver - on the cheap. It's a good time to buy and accumulate your wealth.

People travel less but shop more online. Brick and mortar business are suffering because of high rental cost. The alternative is to run the business online with an e-store.

People are leveraging on new technology to cut cost. If you are an Internet marketer, you can help business owners to apply Internet marketing strategies to promote their business.

People are worried about losing their jobs. Money-making opportunities attract the crowds. So are scams. Booming time for trainers who can teach people money-making skill.

People are turning to God in times of crisis. People are looking for answers. Making money is about meeting needs and providing solutions.

I see Internet as the alternative world. There is no recession on the Internet. It is a goldmine.

The last time, I fired my boss. Now I can fire my clients if I don't like them. Turn your passion into a business and you too can live your dream.

Be of good cheer. There's opportunities in every crisis.

Sam Choo is an internet marketing coach at http://conversationwithsam.com

More by this Author

  • What World Day is Today?
    4

    There is always a day that is dedicated to the awareness of some international issues. Today happens to be World Food Day. These World Days spell opportunities for writers, internet marketers and activists. For...

  • 7 Reasons why Turtle Makes a Good Pet
    33

    People say that a dog is a man's best friend. I say that a turtle too can be a person's best friend. Here are 7 reasons why turtles makes good pet, especially for children. 1. Small Turtles are small and...

  • Who says there's no free lunch in Singapore?
    10

    The storm of recession is blowing all over the world. As the stock markets continue to go south and companies are tumbling the storm is blowing many employees out of their jobs. Although Singapore is one the richest...


Comments

No comments yet.

    Sign in or sign up and post using a HubPages Network account.

    0 of 8192 characters used
    Post Comment

    No HTML is allowed in comments, but URLs will be hyperlinked. Comments are not for promoting your articles or other sites.


    Click to Rate This Article
    working