Is the economic collapse going to happen soon? Yes, I personally think so. Should we run around panic or stick our heads in the sand? No, that would be silly. There are ways you can choose NOT to be the victim of economic collapse; one of them is by becoming an entrepreneur.
The case for entrepreneurship has become stronger as the sentiment toward economic collapse is becoming stronger. When the great depression finally arrives, people with a job will be one of the first victims.
Now, I’m not being pessimistic; in fact, I’m optimistic that the coming economic collapse – whenever it is – will be the best moment for entrepreneurs.
Just ask Kentucky Fried Chicken’s Colonel Sanders. He started out KFC during the recession in 1930 – after his recipe has got rejected 1,000 times. KFC today? It’s one of the companies that defy recession.
The next question is: Which industries, ideas or niches will flourish in the next economic collapse?
Let’s have Fabian Calvo, real estate investing experts and mentors, explains things for you:
Online business? ABSOLUTELY.
This video is quite a revelation. There’s no better time to start a business than today. Let’s start one, shall we?