There is no such thing as a
"Recession Proof" business. All businesses are impacted by recession.
Some are impacted negatively, ...while others are impacted positively, ...but all are affected.
It's as I have always said, and will continue to say.
There are some forces that are bigger than we are, and will impact us regardless of what we do.
These forces will either crush us, ...or push us into success, but we cannot control them.
The only thing we can control are the decisions we make that put us in a position to achieve our goals & objectives when these forces strike. We can scream about the coming storm, ...or we can learn to dance in the rain.
That said... regardless of the economic climate, some things will always be in demand.
Commodities.... wheat, grain, fuel etc., Funeral services... Real Estate (depending on what end you're in)
The greatest fortunes have always been made during such times. The difference is simply where the money goes. It's nothing more than a transfer of wealth. In recession or depression, the wealth doesn't go away, ...it's simply transfered from a lot of people and concentrated into the hands of a few. The trick is to position yourself to attract that wealth, regardless of what phase in the cycle the economy happens to be in.
An industry that traditionally does tremendously well especially during recessionary times...
MLM or Network Mktg.
It affords people the opportunity to supplement their income, safeguard their income, rebuild their incomes,
...and to create the leverage they currently don't have. Unfortunately it is also
a very misunderstood industry.
