Recession is beneficial to us!

When looking into one's life, people tend to be health conscious and be more family type during recession. Why?

When times are good, research by Stanford University and the University of North Carolina shows that people of all classes tend not to take care of themselves and their families. The better off may have gym membership but all classes drink too much (especially before driving), they eat more fat-laden food either pre-packaged from supermarkets or in restaurants or eat more of the fast-food and are more likely to neglect their families.

During downturns, people have more time to visit their elderly relatives and are more likely to look after their children themselves rather than booking them into expensive after-school activities.

Grant Miller, an assistant professor of medicine at Stanford, says that in a boom, people work longer, harder hours to take advantage of the conditions and are more stressed and less likely to do things that are good for them: “Cooking at home and exercising are seen as a waste of time.”

But when wages drop, and jobs are scarce, the young executives or baby boomers feel that it makes more economic sense to prolong their education, and the elderly will retire earlier because there is less incentive to keep earning.

This research backs up a paper, published in 2000, entitled Are Recessions Good for your Health? by Christopher Ruhm, professor of economics at the University of North Carolina. Professor Ruhm analysed death rates from 1972 to 1991, comparing them to economic shifts. He found that for every 1% increase in unemployment rates, there was a 0.5% decline in the death rate.

The number of suicides rose by an average of 2% during recessions in this period and cancer deaths by 23%, but this was easily outweighed by the decrease in deaths from heart disease and car crashes. People not only eat more healthily in recessions but they tend to drive less, either as an economy measure or because they are no longer commuting to their jobs. When unemployment rates rise by a point, the number of fatal car crashes decreases by 2.4%.

It is reported that there are other benefits to this downturn in the UK. Prices for necessities are dropping. Food prices are beginning to level out as supermarkets compete with £1 pizzas. Petrol prices have gone down. House prices have fallen by 10.9%, mortgage rates are dropping. More people are turning to eBay and even here prices are falling. The average selling price of a home entertainment system has dropped to £62.49 from £99.58 three months ago.

In business you want to keep your expenses low and earn extra profits, so outsourcing can give you just that. In a recession you want to take the load off of you and your staff, so the worst thing that you could do in a recession is to hire EXTRA employees to help lighten your load. That in itself only adds to your burden. That’s the wrong way to go, that’s the opposite of trying to cut costs.

You are looking to lighten your load not add extra baggage. Outsourcing is a way to gain beneficial partnerships where all parties involved have the same goal in mind such as helping you to succeed in business, recession or not. When you outsource, DO OUTSOURCE the tasks that don’t directly impact your clients experience. Such as your back office/ administrative duties, client management, transcription, bookkeeping, creating and maintaining your reports, blog/ article management etc…

Another way is to do is bring your business online. No matter what your business, Internet marketing online is a tempting option. Online Internet marketing used to be a useless pursuit for all but a few businesses. So few people bought things online that there was no point in even trying. Although mass e-mail marketing already had some appeal, it was much better to put your efforts in another direction.

It is strange how quickly things have changed, and how profoundly. Internet marketing online now is crucial, even for local businesses. My business experiences provide a great example of the way that Internet marketing online can turn things around.

For the past 5 years or so, I have tried everything in term of marketing. I have enlisted the help of a marketing and advertising company which ran us through the whole standard program. We gave out coupons, took out ads in the yellow pages and the local papers, and even tried telephone marketing. No matter what we tried, however, nothing worked. Things were desperate. Then we tried Internet marketing online.

To say that I was amazed would be a serious understatement. I have heard of the successes of Internet marketing for online businesses, but ours is not an online business. I had no idea why Internet marketing online would even work. Why would people look for a my products on the Internet? Whatever the reason, Internet marketing online seems to have turned things around. Within a month of starting to use online marketing Internet, our business was booming. Since starting Internet marketing online, however, we have literally had to turn people away. It just blows my mind!

Of course, Internet marketing online must be handled carefully. You never know who is going to link to your webpage, or what kinds of mentions you are going to get on the Internet. I have never believed that all publicity is good publicity. If you're going to use Internet marketing online, you must be sure to use a respectable online advertising firm. It is almost impossible to devise an Internet marketing strategy if you have had no experience with the medium, so it is crucial that you find someone you trust to work with.

From there on apart from boosting my business online, I ventured into other business as well online. So now I know my way of doing business online. So to me, whether it is recession or not, my business is normal online, stay healthy with my family and have the leverage to do all that I could do to enjoy my life.

So to me, "Recession is a blessing in disguise!" Learn and get the free tour if you are looking a way to do a global business online.

Wow! amazing with the power of the internet.

This is what happening in this current melting down economy. Given the state of the economy, many people decided to jump on board. Professional networking is a ‘must do’ during unstable economic times.

“The recruitment industry in general is being hit hard. In financial services it’s clearly very bad. In construction it’s bad. In retail it’s getting bad,”.

A German based, Xing from Hamburg, which has 6.5 million users in total and whose half a million premium users pay 5.95 euros per month for extra services, has seen a jump in registrations and connections to record levels and believes the crisis could open opportunities to grow through acquisition. “The crisis is very benefitial for us. We are debt-free, with over 40 million euros (RM200 million) in cash….,” said Xing CEO, Lars Hinrichs.

So in this current economy uncertainties, let’s do networking to get the connections, for a better things to come in our life. This could be done and is possible with the power of the Internet ties.

In other words, “Networking Pays” and you must do it in style!