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A good business opportunity for difficult economic times

Written by: Lynn Dorman, Ph.D., J.D.

Article Overview: When the economy is bad, what can you do? Fast food, Wally World or standing in line for the better paying jobs along with the 1000s of others? Or - maybe rethinking having your own business?

A good business opportunity for difficult economic times

When the economy is bad, what can you do?

People are losing jobs or having their hours cut - and losing their benefits. In many parts of the world, there are few jobs to be had and many applying for those limited spots.

How many hours a week are you spending on job hunting? Resume writing? Worrying? I bet it’s a lot. Instead of buying into the doom and gloom of the economy why not take this opportunity to think about having your own business?

I know – you already have your list of why-you-can’ts ready to fling back at that suggestion :-)

• I need the money
• I need the health insurance
• I need the security
• I need the structure
• It costs too much
• It takes too much time

What these translate to in my head are:

• I’m afraid
• I’m afraid
• I’m afraid

Sure it can be scary – but look where you are now – no job, no benefits or declining benefits, all the things you said you needed are gone! Working for someone else is no longer a secure thing. I’ve known people in very secure jobs like teaching to be released, workers in the auto industry – once a lifetime employment guarantee – oops they are out of jobs.

Too many corporations have moved jobs overseas where someone earning a fraction of what you were paid now has your old position and that person is dispensable as soon as a cheaper employee comes along.

So what’s left for you? Fast food, Wally World or standing in line for the better paying jobs along with the 1000s of others. Or - maybe rethinking having your own business?

What is a good business opportunity in difficult economic times? What business model works well in this economy? You might be surprised to learn that network marketing does! Yes the old used-to-make-fun-of kind of business! This can work well if you actually use and believe in the products, have a desire to help others and have or are willing to learn marketing skills and find a solid company with a good compensation plan. Look around – there is one that might be a fit for you.

And I have one more firm criteria for anything I do - it must be fun too! That’s why I do network marketing as one of my income streams [as I also don’t believe in putting all my income eggs in one basket J]

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Article Tags: auto industry, corporations, doom and gloom, economy, fraction, health insurance, insurance, job hunting, jobs, li li, lifetime employment, money, own business, resume writing, rsquo, span style, suggestion



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