HOW TO PROFIT FROM THE RECESSION AND SURVIVE THE DEPRESSION
How to profit from the recession and survive the depression. Recognising money making opportunities created by a recession or depression in order to profit and grow rich
As mentioned on the previous page, making money in a recession is about profiting from three market places; those people looking for the cheapest deals, urgent purchases or panic buyers and market places that don't change because they are a necessity. Businesses that are able to adapt in order to meet market needs even if we do fall into a depression will profit enormously.
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making money in a recession.
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making money during a recession.
Supermarkets are already stocking cheaper cuts of meat and cheap alternatives to their more expensive brands. This main mean a lower turnover but it doesn't mean lower profits. They have the buying power to obtain products at the lowest possible prices. Your suppliers will be feeling the pinch and you need to get out there and renegotiate prices that are more in keeping with the market.
I am seriously considering backing a friend who wants to open a new restaurant. Launching a new restaurant in a recession would normally be an extremely foolhardy thing to do. However, I own an unencumbered property that would make a great restaurant venue and the idea is to provide low cost, wholesome meals where people can eat out for less than a tenner per head. People will still need to eat, they will still want to be entertained, they just won't want to spend a fortune.
When I predicted that there would be a
property crash brought on by a serious banking crisis
back in 2005, I took steps to make myself as watertight as possible. I own property, but it is all unencumbered; I don't owe the banks a penny. This gives me the flexibility to do what ever I want, no matter what is happening in the market place. I can wait and sit back or use my resources to take advantage of prevailing market conditions. A restaurant that has high rent and rates and has built a reputation for being high end is going to find it more difficult to adapt.
I'm just using this as an example of how you can use your resources and be resourceful in a recession. However, an idea like opening a restaurant is going to take a good few grand to equip. So how could you start a business with say £100 - £1000?
PROFIT AND GROW RICH
You could set up an SMS sex chat website without any technical know how for as little as £50. I know people who have started their own internet business doing exactly
this and make £500-£1000 per month. What could you do with that kind of extra money every month? You could
set up your own business
without changing jobs and spend just a couple of hours a week managing the advertising.
Obviously you have to generate traffic to your sex chat website and pay per click is the most obvious but pound for pound this is the
most successful internet advertising you could use.
HOW TO PROFIT FROM THE RECESSION
You would stand no chance of getting top search engine rankings in the natural listings but you could build optimised pages on
Utopele and stand
a far better chance of getting into the top ten of Google. This is because Google likes large websites, with plenty of content, that get high levels of traffic and are constantly
changing. Then link your pages into your website. It is absolutely imperative that you understand
how to use search engines for financial gain.
Then you set about increasing website sales using pay per click and pay per enquiry
search engine advertising on Boogami.
This is not necessarily
how to get rich
but it is a starting point. There are plenty of other ways of setting up inexpensive white label sites and by using the best
internet marketing techniques and website optimisation strategies drive thousands of visitors through your website.
The real secrets of internet success
can be discovered by buying a copy of the Golden Web, the internet entrepreneur's bible. If you are going to make money in this recession you are going to have to unlock the full potential of the internet and the Golden Web is the key to success.
HOW TO SURVIVE THE DEPRESSION
If the rescue plans our world governments have developed to help bail out our banks do work, it won't necessarily fend off a recession and a depression could follow. I know this would appear unthinkable but Iceland is going to be suffering a mini depression and unless the rest of the world comes to Iceland's rescue, the knock on effect could drag smaller, weaker economies down with it. This is the tin end of the wedge, Iceland may be a small little island but their banks have been buying up large swathes of UK and other European businesses. A small stone dropped in a pond can send ripples right to the very banks. This problem is not over yet.
Use your ingenuity, diversify and don't expose yourself to your bank.