Business Ideas for a Recession

I re-visit business ideas and working options for a recession. I also re-visit Professor Paul Zane Pilzer's earlier predictions.

Earlier this year I wrote about why I believe home based internet businesses will soar over the next few years. As it turned out the title was a little misleading as I got side-tracked into putting forward ideas set out by Professor Paul Zane Pilzer. Pilzer has the uncanny knack of accurately predicting economic trends and has been doing so for over 20 years. Despite the slightly misleading title this article has been read by hundreds of people.

What I had intended to communicate was that the economic downturn - it wasn't a recession then - would bring thousands of people to the internet looking for information on developing business ideas for a recession. The reason being that more and more people would begin to see the necessity of developing multiple streams of income to secure their financial future.

I used ideas from Professor Pilzer to support and encourage this. Some of these ideas included the assertion that the economy was in great shape. In fact, he said, it was in the middle of its greatest growth spurt in history.

Another of Pilzer's assertions was that the age of the corporation, barely a century old, was now giving way to the age of the individual entrepreneur. He predicted that the economies of scale, which supported large corporations, no longer applied. Because of this, huge corporations were splitting up into smaller units. Taken further this meant that individual entrepreneurs would now accumulate the wealth that would have gone to the corporations. This would create 10 million millionaires over the next 10 years (US alone).

Now you could see the logic in that provided the economy was indeed going through its greatest growth spurt in history. But is it?

Answer. Yes it is. What is happening at the moment is part of the dismantling of the large corporations. Admittedly, it is extremely painful for many people with more pain to come.

However, this is your opportunity as an individual entrepreneur to step forward and claim your share of the wealth.

But how?

Well Paul Zane Pilzer was particularly talking about the network marketing field for these business ideas. However, he also mentioned the speed of technological change and the opportunity that arises for you if you can close the technology gap. It is his belief that the internet has barely gotten started.

As an internet entrepreneur, whether internetwork or online marketing, you have this tremendous opportunity to help others into this field. As the recession bites even harder, millions of people worldwide will look to you to get them started. This will create residual income for your lifetime.

Internetwork marketing is the new term for MLM that is properly done by use of the internet and Attraction Marketing. Another of Pilzer's observations, and this has been said by a number of the great entrepreneurs, is that your wealth is rewarded directly in proportion to the number of people with whom you are willing to share.

This is exactly what internetwork marketing is about and is how residual income is generated. However, this can apply equally to other types of online business.

One of Paul Zane Pilzer's most telling comments was: "... today, working for yourself is actually the safer route, and working for a corporation has become the riskier proposition."

No matter who we want to blame, there are thousands and thousands of displaced workers around the globe who would agree with this observation. Change has come. Business ideas are changing. Working options are changing.

Step forward to claim your share of the wealth.