SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

Reply
 
Thread Tools Display Modes
  #11  
Old December 8, 2008, 03:51 PM
MichaelRoss
 
Posts: n/a
Default Ok. I'll just go find my boxing gloves...

LB

Thanks.

I know your wife is an Employee. By Isolated I was meaning the Company your wife works for.

See, like Rolexes, there will Always be people who hire cleaners. If their current Cleaner (say a sole owner) doesn't have enough business to stay in business, the client will look elsewhere. So while some businesses loose clients, others gain clients.

Now despite my living in the arsehole end of the world, people who lack funds are the same the world over. They jettison unnecessary spending - generally speaking. So please explain why/how Cleaning (the industry as a whole) is not negatively effected by a recession - and - how during a recession people in the US Now decide to get cleaning done when their dollars are tight and jobs are being lost.

Look at the motor car market. GM wants bailout money. I say, screw 'em. Toyota, Honda, et al don't need it. So obviously, GM isn't competitive enough and if they scale back operations and manufacturing, people will turn to other makes of cars. GM loses, Toyota increases. GM screams recession, Toyota asks What Recession.

Michael Ross
Reply With Quote
  #12  
Old December 8, 2008, 05:55 PM
Pete Egeler
 
Posts: n/a
Default Re: Wake up, Michael..

Quote:
Originally Posted by MichaelRoss View Post
Thanks for pointing out the obvious - that I don't live in the US. Your point is?

The point is, you seem to feel that because something is so in OZ, it's the same all over. It's not.

It's just like the real estate market. Sure, it sucks in some parts of the country, but here in my area there's money available, folks are working, and there's plenty of properties being bought and sold.

In fact, right across the road from me they've cleared two 200x330 foot lots this week for new, high-dollar homes.

In L.A. or Miami, you probably can't give property away. (At least that's what they'd have you believe.)

Pete
Reply With Quote
  #13  
Old December 8, 2008, 06:04 PM
L.B. Jenkins
 
Posts: n/a
Default Re: Ok. I'll just go find my boxing gloves...

Quote:
Originally Posted by MichaelRoss View Post
LB

Thanks.

I know your wife is an Employee. By Isolated I was meaning the Company your wife works for.

Not possible. My wife works for a national chain. They've been in business over 25 years and are recognized as one of the top 500 Franchises in America.
Reply With Quote
  #14  
Old December 8, 2008, 06:26 PM
Dien Rice Dien Rice is offline
Onwards and upwards!
 
Join Date: Aug 2006
Posts: 3,457
Default A few more things that boom during a recession...

Thanks Gordon - great post!

A few more things sell well during a recession...

Sales of chocolate, alcohol, and cigarettes go up during recessions, and have gone up recently, according to some articles I read.

In addition, "stay-in and have fun rather than go out" type of items are increasing in sales - like tea light candles, indoor slippers and dressing gowns...

Here are a few articles about it...

RECESSION PROOF - Alcohol, cigarette, chocolate sales thrive in hard times
http://www.washingtontimes.com/news/...cession-proof/

Economic slump sends condom sales soaring in UK! (also increasing sales of pregnancy tests, tea light candles, slippers, and dressing gowns)
http://www.thaindian.com/newsportal/...100126657.html

Cheap thrills to beat crisis (Similar rises for these kinds of items in Asia)
http://www.straitstimes.com/Breaking...ry_306189.html

Hmm... Reading this makes me want to have some chocolate!

Best wishes,

Dien

Last edited by Dien Rice : February 21, 2009 at 07:13 AM.
Reply With Quote
  #15  
Old December 8, 2008, 07:00 PM
MichaelRoss
 
Posts: n/a
Default I'm Still Sleeping

Pete,

Thanks for elaborating.

I know Some Things are different between our countries. Which is why, when Gordon asked about what we See around us I saw a BOOM and reported as such, while he saw recession.

But I'm certain (based on nearly 20 experience and rational thought) that, when money is tight, sales are down, profits declining, people losing jobs left right and center, people developing retraction spending habits, etc. When that happens (recession), apart from laying people off to Save Money, businesses jettison hired in cleaning. Homes stop paying out money for cleaning.

They also restrict other extraneous spending - like Vacations. Airline trips and bookings decline. Other new and large purchases also decline.

What I am being told is... that in the USA, when all these bad times are around, people do NOT get rid of cleaners. Businesses, will lay off staff but keep a cleaner. Homes will restrict their spending but keep a cleaner. And worse, going by LB, that as their money becomes tighter and profits fall, they will Then spend money on cleaning whereas before when times were good they did not.

You say that's the way it is over there. Fine. And so I ask, why/how does this happen? What makes a business with falling profits to Now decide to be even less profitable and hire a cleaner? What makes a home with a shortage of money to have less money and Now hire a cleaner?

I'm not talking about a Specific Company doing well - even nationally. I am talking about the Industry as a whole.

Michael Ross
Reply With Quote
  #16  
Old December 8, 2008, 07:03 PM
MichaelRoss
 
Posts: n/a
Default Re: Ok. I'll just go find my boxing gloves...

LB,

A single company - even national - is NOT the industry as a whole.

Michael Ross
Reply With Quote
  #17  
Old December 9, 2008, 02:42 AM
Phil
 
Posts: n/a
Default Recessions... And Get ready for the Economic recovery, Hopefully around 2012 or so...

Some Good reading and ideas regarding the Recession times...

The RECESSION of 08, 09, 2010, '11...not much of a limb, but I'll go out on it...
http://www.sowpub.com/forum/showthre...ght=recessions

Marketing Your Way Through a Recession
http://hbswk.hbs.edu/item/5878.html

Good little story... One step at a time and a Million dollars later...
http://www.erica.biz/about-erica/

Along with a few more good ideas... Three Business Ideas That Will Thrive In A Recession...
http://www.erica.biz/2008/three-busi...g-a-recession/

Some recent Recession related posts worth reading and thinking about a little down the page...
http://copywritersroundtable.com/

Here's a simple low cost Not so new idea, perfect for these times... And be ready for the next Economic Boom!

Re-introduce the Tons of endless misc. public domain Focusing on relevant Niche topics and ideas still applicable & in demand in Today's world...

Get yourself the Must have Bible on public domain, preferably the most recent 4th edition in book form for easy referencing...
http://www.nolo.com/product.cfm/Obje...F99DB505D/310/

Develop your own public domain Niche blog network... Along with Specialized product creation using multiple media formats, ideas, print services etc. etc...

Try Googling a few of these related keywords and Develop your own Money making business model(s)...
public domain music,public domain images,public domain movies,public domain photos,public domain books,public domain pictures,public domain songs,public domain video,public domain software,public domain films,public domain posters...

Phil
Reply With Quote
  #18  
Old December 9, 2008, 03:20 AM
LindaC
 
Posts: n/a
Default Re: Recession ACCELERATED business and money making opportunities.

Hi Phil,

LindaC here.

Congralations...1,000 post.

Thanks for all the excellent information you share with everyone on this forum.

It is appreciated.

My Best 2 U,

LindaC

<>------<>
Reply With Quote
  #19  
Old December 9, 2008, 04:15 AM
Phil
 
Posts: n/a
Default Re: Recession ACCELERATED business and money making opportunities.

Hi Linda,

Thank you very much! Glad to know a few are reading...

Here's some Free business entertainment with some interesting Golden nuggets...

A blast from the past 2003...

6-hours of Frank Kern & John Reese, legendary ad man Gary Halbert unfortunately couldn’t make it...

If you can Find some time over the Holidays, a rainy day... Spend sometime Listening even while you're doing something else...

Afterall, a 6 hour live conference call has got to be a record of some kind...

Keep in mind, some of the Best business marketing and advertising information out there is way more than just 5 years old...

Enjoy...
http://masscontrolsite.com/blog/?p=46

As per my previous post on Public Domain opportunities...

Here's another Great example... Go make some Money...
http://library.duke.edu/digitalcolle...owse/printlit/

Phil
Reply With Quote
  #20  
Old December 9, 2008, 06:40 PM
kpalmquist
 
Posts: n/a
Default Personal experience

OK, this is purely personal. Not everyone thinks like me, but...

Last Friday I was laid off my day-job at an I.T. consulting firm due to lack of work. Found out at 5 pm. By 5:15 I called our cleaning lady and told her that we were sorry, but we were going to have to do it ourselves until I was back to a normal income.

I live in the U.S. - Illinois (home of the wonderful Governor Blagojevich and many more of the most corrupt politicians on the planet).

Again, this is just one piece of anecdotal evidence. But my reaction seems to be the sensible - and normal one.

Kevin P.
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 03:25 PM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.