| A lot of people have been affected by the recession | | | | know, there are no news or articles about the |
| and most of them have lost their jobs or have shut | | | | internet's economy being down because of the global |
| down their businesses. Starting an internet business | | | | recession; so starting an online business during a |
| may not sound any different after the recession's | | | | recession is definitely safe. |
| blow on you but the truth is, it is. If you have some | | | | Recession equals need to make money |
| money to spare, why not start an online business | | | | What do we usually do if we know there's a super |
| instead of hunting for jobs or trying to rescue a failing | | | | typhoon coming? We stock up supplies right? It is |
| business. Here are some points why starting an | | | | almost the same during a recession. The one thing on |
| internet business during a recession is fail-proof: | | | | the minds of the individuals affected by it is to make |
| Higher success rate | | | | money. Jobs are hard to get by during these times |
| Statistics show that online entrepreneurs have higher | | | | since a lot of businesses which employ people have |
| chances of being successful in a shorter amount of | | | | closed. Starting a brick and mortar business (traditional, |
| time compared to other entrepreneurs. So even if this | | | | offline) in a recession is like running in the wrong |
| industry will be affected by a recession, it would be at | | | | direction. Businesses are closing but you are starting |
| a minimal level. | | | | one. Most, if not all will definitely not do that. Starting an |
| The internet's power | | | | internet business on the other hand is new to most of |
| The internet is like a different dimension, it is unaffected | | | | the population. Besides, it's the internet; so it's recession |
| by what's happening outside its scope. As far as I | | | | proof. |