I keep hearing people on TV saying recession is likely over. Is it really?
What's you take on that? Do you see opportunities?
As far as I can see in Gilbert, Chandler, Mesa, Tempe and Scottsdale AZ, I think it's far from over, but I do see opportunities out there.
Just saw the news about jobless rate increasing in 5 states on CNN.
Unemployment: 5 states see jobless rate climb above 12% - Sep. 18, 2009
In the past few months, I have attended networking with many local business owners, commercial property management companies and developers. 90% of them give me the impression that recession is far from over.
Many local businesses in my home town are closing. Empty commercial properties are everywhere. Many are not even finished. Some are up for auction. People simply don't buy things that they don't really need and start watching their own health. Many fast food restaurants, ice cream shops and cigar shops are closed.
I do see some businesses going stronger and become diversified.
1. I see landscaper distributing flyers on residential area.
2. I see auto repair shop offering car wash
3. I see more named brand franchise businesses offering low start up cost opportunities
4. I see more winery shop opening and offer space for local meetup
5. I see more businesses join local chamber of commerce
6. I see local printing shop expanding their space to take on T-Shirt and gift printing
7. I see more people eating at Chinese Dim Sun restaurants (not sure why)
8. I see more people learning secondary language
9. I see people starting export business (Ex. export used bra to third world countries - Very interesting)
10. I see local TV station, Radio station and newspaper companies offering
local oriented advertisement
11. I see more solar penal on the roof.
12. Some Nails spa and hair salon are busier
Obviously, there are many opportunities out there for us to grab. Do you see any recession proof business opportunity?
What's you take on that? Do you see opportunities?
As far as I can see in Gilbert, Chandler, Mesa, Tempe and Scottsdale AZ, I think it's far from over, but I do see opportunities out there.
Just saw the news about jobless rate increasing in 5 states on CNN.
Unemployment: 5 states see jobless rate climb above 12% - Sep. 18, 2009
In the past few months, I have attended networking with many local business owners, commercial property management companies and developers. 90% of them give me the impression that recession is far from over.
Many local businesses in my home town are closing. Empty commercial properties are everywhere. Many are not even finished. Some are up for auction. People simply don't buy things that they don't really need and start watching their own health. Many fast food restaurants, ice cream shops and cigar shops are closed.
I do see some businesses going stronger and become diversified.
1. I see landscaper distributing flyers on residential area.
2. I see auto repair shop offering car wash
3. I see more named brand franchise businesses offering low start up cost opportunities
4. I see more winery shop opening and offer space for local meetup
5. I see more businesses join local chamber of commerce
6. I see local printing shop expanding their space to take on T-Shirt and gift printing
7. I see more people eating at Chinese Dim Sun restaurants (not sure why)
8. I see more people learning secondary language
9. I see people starting export business (Ex. export used bra to third world countries - Very interesting)
10. I see local TV station, Radio station and newspaper companies offering
local oriented advertisement
11. I see more solar penal on the roof.
12. Some Nails spa and hair salon are busier
Obviously, there are many opportunities out there for us to grab. Do you see any recession proof business opportunity?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
