Fight Back! 7 Smart Businesses to Start in a Tough Economy.

Posted on May 4, 2009 @ 3:42 am
by Steve Fawcett

Do you have anything in common with the founders of HP, Trader Joe’s, FedEx and Microsoft? Yes you do. They were all wading through a murky economy, but they had a vision, and they weren’t going to let a bad economy stand in their way. They started their business in spite of a tight economy…and the rest, as they say, is history.

1: Web Entrepreneur They used to say “Go West Young Man…” Now it’s “Go WEB Young Man…” The internet is the Wild West for entrepreneurs, and you don’t have to be a computer geek to succeed there. Designing a website yourself is easier than ever, or you can get a web designer or marketing company to help you.

2: Computer Repair Company However, if you are skilled with computers, then you already have a recession-proof job skill. If the poeple you know look to you for help when their computers start acting up, maybe you should consider starting your own computer repair business.

3: Health Care Items It’s not just you. Everyone is getting older. In fact, the median age of our whole population is climbing. Here’s the cold hard facts – when age goes up, health declines. The people who make up our rapidly aging population will continue to make buying healthcare products and services a top priority. Because the economy may not be healthy, but they want to be.

4: Selling Cosmetics There’s a strong market for cosmetics in any economy, because cosmetics do more than help us look good, they help us feel better.

5: Job Search Company/Career Coach When the national economy is tight, people get downsized. When people get downsized they turn to Job Search companies and Career Coaches. You’ll know if this career is right for you: If you are good with people and are good at creating and using a network, this booming business might very well be the perfect choice for you. Then you can make a satisfying career out of helping other folks with theirs.

6: Mediator It’s human nature: People will constantly have disputes they need settled. In challenging economic times they are more likely to choose to a mediator. Mediators are a less expensive alternatives to lawyers. Are you a gifted negotiator? Then you should look into the growing field of mediation.

7: Debt Collection It’s tough but true – when times like these put the squeeze on folks… some can’t pay their bills. This may not sound like a cheery career, but it has real growth potential in an economic downturn. Here’s something that might make it easier to live with: many times you can choose to work from home as an independent contractor.

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