Day 3: How Internet-Based Business Weathers Recession

There is a lot of talk these days about the health of the economy. Surely, the U.S. economy is under a lot of strain right now. Greed led to a real estate bubble that has resulted in a substantial downturn in that market. High oil prices are driving up the cost of living. People are generally tightening up on their purse strings.

But, if you’re generating income on the Internet, are you subject to this? Will working in tech help you weather out a recession?

I believe the answer is yes. For several reasons.

The Internet is a Global Marketplace

There are 6.5+ billion people on this planet. Sure, not all of them can get online, but the number of people who can is increasing all the time. While we might having certain economic issues on our minds here in the U.S., it doesn’t mean it is the same overseas. Sure, the U.S. economy most certainly DOES impact the world economy, but the simple fact is that the Internet is the one business medium that surpasses all boundaries.

The Internet Will Always Be Needed

The Internet isn’t going anywhere. There will always be people online. It is now THE major conduit for communications in the world. More and more of our life is now taking place online. Since basic human nature is never going anywhere despite ups and downs in the economy, you can pretty much rest assured that the Internet is always going to have plenty of people.

Plus, if you look at the high oil prices and the possibility that people may travel a little less, where will they turn? The Internet because it will allow business to be conducted without the need for travel.

Information Rules

There will always be a need for people to screw the lids on the jars. Somebody has to produce physical things which we all use. But, the need and value of information is highest ever and is only getting stronger. There is SO much information available out there that there is inherent value in usable, applicable information that solves problems.

The Internet is the main medium for that information.

And This All Means…

If you are looking for a place to set up a shingle and generate some income, the Internet is a great place to be. It puts you right in the midst of the Information Age. It has the capacity to recession-proof your pocketbook better than anything else I know.

If you do it right.

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