Want a recession proof business?
Good plan, and we’ll talk about more that here in a minute.
But recession is just one potential economic challenge facing the United States today.
Due to the current state of affairs, we are actually in a catch-22 scenario where if we print more money we hit inflation, if we raise taxes we trigger a deeper recession and if we default on our government loans we could trigger a complete global economic collapse. So the prognosis, no matter how you look, at it isn’t good.
Why You Want a Recession Proof Business
What is a Recession Proof Business?
A recession proof business is one that holds out the promise of not being adversely affected due to a sluggish economy.
Or, another way of looking at it:
Industries that flourish during rotten economic times are defined as recession-proof businesses.
But as you learned in the animated video – recession is just negative aspect we need to be aware of. We also have to consider the very real potential of hitting an inflationary period, suffering through hyper-inflation or even stagnation.
So this narrows the field down significantly.
Personally, for me and my family, I believe it’s time to…
Make as much money as you can, as fast as you can – and be prepared to flee.
In other words, take finding a recession proof business very serious. Get in, get busy, and accumulate as much profit as you can as fast as you can.
Then keep your assets as liquid as possible so you can move them into a different currency as quickly as possible or, perhaps better, keep half in cash and half in a hard asset like gold or silver which has been proven to weather most economic storms throughout history.
Best Recession Proof Business
As the economy goes soft – the “home business” arena does really well.
When people loss jobs they have to find another way of providing for their families so starting a home business becomes all that much more attractive because of the low costs of getting started and the low downside risk of making a mistake and not making a profit.
Combine a home business with gold and silver – as a hedge against inflation – and I think you have just found the perfect recession proof business.
Another way to profit during a recession is to start offering “tools” and “training” and “marketing services” to those who are seeking to promote their home-based business. So your business becomes a home-business support business.
And if you really want the best of both worlds – promote home-business tools and training and then backend your gold and silver business!
Let me show you a real life example. Simply COMBINE these two opportunities (which is what I’ve done) and you have a fantastic recession proof business that can also make you a fortune in good time or bad!
Questions? Give a call and let’s brainstorm out a plan that works for you.
Bless and be blessed,
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