Greetings Patrick,
Yes, I can understand your frustrations, we have all been there at one time or another, but there is no shortcut to success, this I can say first hand, it took many years to finally make it, and until you fail, you will never succeed, so you are halfway home.
Seriously, failure is merely a stepping stone to success, and if you ask every successful person if they had any failures, they will all say yes, so don't get down on yourself, this is just an unavoidable part of the journey, especially more difficult during a recession like we are all in.
The best advice I can offer is don't quit, as frustrating as it is to face failure, it is all about conditioning yourself to deal with it, and then overcome it. I know from experience I felt just like you several times in my quest to success. I learned long ago you have to be diversified, and in a recession, you must choose your businesses more carefully than ever.
Evaluate what you cut back on in your budget given tough times, and make certain you don't start a business in any of these areas. As example, the first thing people cut back on is eating out as statistics are indicating. We already see how people have cut back on driving, and then we have most who switch from name brands to offbrands or generics. Obviously, people are not buying new cars, so I sell extended auto warranties as statistics say the average car on the road is 9.2 years old and going up, and 200M are out of warranty, so this is a growth industry during recession as an unexpected major auto repair is a budget buster for most families. Check out free distributorship with WFL at www.Warranties-For-Less.com
In short, you want to identify a business which offers verifiable value, without sacrificing quality and good customer service, so you have to research this as it is critical to your success during economic hard times. I use to own a travel agency, and when I saw recession approaching, I sold it a year before it hit, so you have to look ahead when deciding on a business. You certainly don't want to be selling travel in a recession when this is another item families will eliminate from their budgets. The same is true for nutritional product businesses, they suffer a huge attrition rate during tough times. These are just a couple examples of how to evaluate the businesses you are considering.
Saving money and earning extra money go hand in hand in a recession, so target these two before deciding on any business. I focus on almost all recession proof businesses, for I learned my lesson in last recession, never put all your eggs in one basket. With banking collapse, stock market collapse, crazy wild swings up and down daily, the unstable economy is realing with indecison, so look for products or services which address these concerns. As example, with banking mess, causing housing foresclosure mess, subprime mortgages industry driven by greedy bankers, it has destroying mortgage industry for everyone and now no one is being approved. But, here another door opens, a new self funded prepaid mortgage free home option which does not require typical down payments or bank credit approvals, so this is going to be a huge growth industry in the future with millions of foreclusures shutting these people out from every owning a new home again, never mind all the people who have bad credit, no credit and bankruptcies which is also hitting new highs. Are you starting to grasp why you need to research recession proof businesses?
I could go on and on here, but like everyone, you have to start somewhere and I don't want to overload you with too much to digest at one reading. lol The point is, in any market you can succeed if you research and think ahead, never mind think outside the box, looking for niche markets which are not being served by mainstream business. ICF World Homes is such a company, so check out www.Mortgage-Free-Homes.com and take free tour. This is one of the most unique concepts I have researched, and I research them all. With so many real estate brokers and mortgage brokers now broke, target them, and success is yours, it is working for me.
Another winner is new wireless technology about to be introduced which will revelutionize wireless internet industry. Everyone wants faster and faster speeds, but who can afford it? Register as a free affilate and see how fast you can get people lined up for this new technology. T1 for $19.95 and T3 for $79.95, compare those to current major providers who charge an average of $350. to $1200. and you will see the huge potential www.Its-Your-Net.com offers. I don't care how many times a person has failed, this one will be impossible to fail at because it will offer VALUE with a capital V unmatched by anyone else. Not only will this be exlcusive, but it will be international, and with China now the largest internet user population, we will roll out to CAN and China next year after U.S. launch. So talk about being in the right place at the right time, this one along with Mortgage-Free-Homes tops my top ten list.
I hope you are starting to see the successful strategy used with these examples above? Another winner is the business of helping those in business survive, if not thrive in a recession. Look at these tools to offer other business owners as a recession proof business. www.WealthWarranty.com is a business cooperative which saves businesses on all their advertising needs offering discount rates up to 90% on TV, Radio and Direct Mail by simply joining co-op. All businesses need cost effective advertising, and nothing performs better than new predictive call dialer software, so everyone in any business needs this tool, so what better business to be selling than one that helps other businesses get through recession. Check out www.RecessionProof-Business.com to take free tour and ask me about special offer for Adlanders I offer.
Another recent addition to my top ten is another new technology which is perfect for a recession. With winter coming in many areas, dead batteries are a given. How would you like it if you never had to purchase another battery for your car, or for that matter, anything which uses a battery. Recyling batteries are a major environmental disaster, so imagine if you could take these batteries and rejuvenate them to better than new? Well, if you see what I see, this is going to be a huge industry, so I am going to sell this new breakthrough technology to car dealers who are all looking to reduce overhead, and with hundreds of dead batteries in their lot, how hard would it be to sell this technology? This is a more traditional type business, but I seel plenty online too, so perfect for a recession or for any business which has a fleet, car rental companies, you name it, if it has a battery, everyone will want this exclusive breakthrough technololgy. email for details at mike@envirobricks.com for details as web site is not complete yet.
And for those who think ourside the box, I have something for everyone, and most cost little to nothing to start. So hopefully the above has provided a little information on how to choose the right businesses to insure a higher success rate than those which will not make it through this deep recession. If you want more suggestions, just ask, I research them all, and only focus on true recession proof products and services and this way, I never worry about future. I recently researched and tested a pure cash generating strategy, so again, be diversified is the secret to success. If you want to know about my other businesses, just ask.
Success to all, Mike