Business / private sector is dead

[deisik]

There has been a lot of news about vaccines that have been discovered and have been tested but I don't know whether this will be distributed in mass or not, but it is clear that just hearing the word vaccine is better for ending this pandemic

This is not what we should concern ourselves with presently

We should better hope that the vaccines will be effective in the first place. And with this type of virus, which is highly mutable, a separate vaccine may be required for every strain, with the implication being that there will be no working vaccine, by and large. That's not a good news. Other than that, personally, I have no doubts that if there will be a 100% working vaccine (despite all odds), it will be made available to everyone very cheap or or at no cost at all for the simple reason it is an economically sound solution

[AniviaBtc]

It is sad to hear your story... But I think there should be something you can do to earn some extra bucks for living, right? This pandemic really affects our current world and it changes our life significantly.

It is not that easy to find another job nowadays, most of the businesses are also struggling. But it is much more effective if someone will make his own business just for him to have an enough budget for his necessities during quarantine. You can't please someone to hire you that easy, you also need to do extra effort and consistency.

We had no choice but to deal with this crisis, that's why it feels like it is a survival of the fittest. You also need to follow those protocols to while working and dealing with outside environment for you to prevent those diseases to infect you.

[Blackrain13]

Business  / private sector is dead

As a freelancer in 2 months i got 4 clients only ... in my area 4 clients it's like your biz is dead... no matter how much you try to do marketing/advertising it just does not work ...
I look at other peoples businesses same situation ...

High Tech,Web Development,Web design ,Mobile Development ,Marketing,Blockchain development,Dapps,Web Hosting is dead from what i see


I got friends taxi drivers same situation they are just sitting in the taxi and some day zero clients ,barber shops the same they are sitting around all day smoking ... anything that seems a "luxury good" people don't touch this days.

The only thing people are buying is basic necessities ... oh also food and cigarette prices went up again ...

It's a f nightmare ...those that have billions of USD under the mattress better start investing soon ,or that money will be good only as toilet paper ...

Economy i love it ...

And that all because of covid 19 pandemic. Everything has change and every people's lives getting worst everyday and the unemployed person keep on increasing because market is down and our economy are going to collapse if government will not do something.

[Sanugarid]

The government and business owners won't let that thing happen and even we're seeing that globally are affected by this market recession and increase of business shutdown causing thousands or millions of people out from their job but this not to consider that the economy is dying already. In fact, some countries are already resuming their business transaction applying the new normal.

This is also why most of the government around the world is slowly reopening the economy to prevent a business becoming non-existent. As of now I've already seen some complete closed business, some are on the verge of closing coz their products are not that needed today. Just today I saw one of my childhood memory park and a Zoo closed due to the pandemic, they cannot keep up the expenses well obviously because of absence of tourists. We can't really stop the business closures, we know it is efficient to stop a business when it's not working anymore, but new opportunities has come brought by the pandemic.

So, at this moment that cashless payment is surging, this is a great chance for the online marketing strategy to work well and this is pushing businesses to offer the same otherwise, they will die.

Online market is booming, they really do, in fact most business now are working online. If they want to survive then they should adapt the environment, that's the first way to survive these days not just with businesses actually. ADAPT.

[adzino]

Business  / private sector is dead

As a freelancer in 2 months i got 4 clients only ... in my area 4 clients it's like your biz is dead... no matter how much you try to do marketing/advertising it just does not work ...
I look at other peoples businesses same situation ...

High Tech,Web Development,Web design ,Mobile Development ,Marketing,Blockchain development,Dapps,Web Hosting is dead from what i see


I got friends taxi drivers same situation they are just sitting in the taxi and some day zero clients ,barber shops the same they are sitting around all day smoking ... anything that seems a "luxury good" people don't touch this days.

The only thing people are buying is basic necessities ... oh also food and cigarette prices went up again ...

It's a f nightmare ...those that have billions of USD under the mattress better start investing soon ,or that money will be good only as toilet paper ...

Economy i love it ...

Not sure about the High tech, web development and other IT stuffs you are talking about is actually true. I mean, they are currently the most demanding jobs. Countries are importing people from other countries due to lack of workers on such fields. You will see Canada, Germany and other well developed country are in need of such people due to high demand for these skills but less skilled people.
You are probably looking at the wrong side.

[alani123]

It's true that much of the revenue from small businesses has been drastically cut.
The plan to save the economy has mostly so far favored large businesses to survive and thrive. Large businesses can nevertheless can survive from the mere promise of the government. They save themselves from bankruptcy by going in debt. But that's not something small businesses can do. If you earn nothing, you can't pay electricity, water, staff etc. So you have to shut down and move on. No earnings if you're closed, all the risk is in you. You can just get your government check to survive, not much more.

[milewilda]

Business  / private sector is dead

As a freelancer in 2 months i got 4 clients only ... in my area 4 clients it's like your biz is dead... no matter how much you try to do marketing/advertising it just does not work ...
I look at other peoples businesses same situation ...

High Tech,Web Development,Web design ,Mobile Development ,Marketing,Blockchain development,Dapps,Web Hosting is dead from what i see


I got friends taxi drivers same situation they are just sitting in the taxi and some day zero clients ,barber shops the same they are sitting around all day smoking ... anything that seems a "luxury good" people don't touch this days.

The only thing people are buying is basic necessities ... oh also food and cigarette prices went up again ...

It's a f nightmare ...those that have billions of USD under the mattress better start investing soon ,or that money will be good only as toilet paper ...

Economy i love it ...

Not sure about the High tech, web development and other IT stuffs you are talking about is actually true. I mean, they are currently the most demanding jobs. Countries are importing people from other countries due to lack of workers on such fields. You will see Canada, Germany and other well developed country are in need of such people due to high demand for these skills but less skilled people.
You are probably looking at the wrong side.

He do make generalization on just seeing on a smaller scope which is actually a wrong thing.Same as yours i dont see that theres already a low demand into these kind of professions or skills.
For now where online works and jobs is much more relevant then i would rather see the opposite way which demand is getting higher since there still lots of jobs that should be done via online with specific skills needed.
All of those skills which mostly connects with development,designing and others will really still have that number.It isnt dead he do just generalize without looking on the bigger picture.
When it comes to overall industry then we cant really deny the fact that we do face off a very big and tough challenge.

[Casdinyard]

If you were referring to big businesses, they were actually not dead and it is somehow impossible to just happen that instant because owners of big businesses are really that rich people already. It is just that their businesses are down for a while now and they are just waiting for a go signal from the health officials and the government so that they can do operate already. Not just for their own sake but for the workers as well since business establishments are the ones who were making job opportunities for lots of people around.

Actually those business owners are doing negotiation with the government and the healthcare officials to open up their businesses to be operational and so that their workers can now get back to work to earn and save money for they have already been staying at home for a couple of months because of the quarantine doing nothing and earning nothing in a 'no work no pay' basis. Good thing that here in my country, our government and healthcare officials now allow business establishments to open up and be operational but on a limited working capacity only just to still execute the physical distancing under the "new normal" set up.

If you were referring to small businesses, well I think possibly some or most of them are dead due to the reason that owners did not come up on earning anything during quarantine and they were the ones that is directly affected on the temporary closing that turns out to be permanent because of the quarantine.

[shield132]

Well first off what country are you even referring to? This is a global forum. Also, you're right, business is hurting all around there is no question about that.  My own career has come under great fire of late, people aren't able to transact like normal in large part.

However, you're money is not all going to go away in the stock market.  You're wrong, that's simply not going to happen.  With earnings reports for Quarter 2 continue to roll in we could see a massive drop in markets, but markets always come back.  If they dont? Well, then we've got the apocalypse.

It does not matter what country ...the same situation is global ...don't look at the numbers in the papers and news , look at life around you ... life on tv is different then life in reality ...

stock markets is nothing without  business ... it's just fake money ...if people don't buy goods / services ...the stock market is worthless.

Where do you live, really? Where I live, the situation is following: Everyone says that corona affected them and are poor right now but life around you seems different: Dozens of people in clubs, restaurants are sometimes out of delivery necause of high demand,  supermarkets and hypermarkets are busy as hell like in past. Food and everything become very expensive but still it feels like there was no corona (well, musts are strictly required). And I want to mention that most of the business was absolutely stopped for 3 months and ten days ago were GYMs open, this is the only business that suffers in my country right now.
And online business? Hell, there was huge demand on it, online business is booming along with developers getting rich in current situation.

[shoreno]

If you were referring to big businesses, they were actually not dead and it is somehow impossible to just happen that instant because owners of big businesses are really that rich people already. 

If you were referring to small businesses, well I think possibly some or most of them are dead due to the reason that owners did not come up on earning anything during quarantine and they were the ones that is directly affected on the temporary closing that turns out to be permanent because of the quarantine.

small and big business are in the same situation now so why call small business dead ? just because they earn small   ?  but they also know how to save and for sure they have a savings now that help them sustain thier living  .

calling business are dead seems bad to my ears but it would be better if we call them temporary close for now not unless you guys believe that this covid virus are going to be permanent thing in the future and on the current situation  .

[batang_bitcoin]

Those countries that are starting to recovery on their economy can have those businesses back open again. They may not be at the same time but a little by little and coming from the most essential to the least essential business to re-open. Like the example you have mentioned, taxi drivers. In my country, they were back at business but with proper protocols, sanitizers and as much as they can, cashless payment for easier payment. And you being a freelancer, I hope that you can recover back because you've got a lot of skills to offer.

[bits4books]

everything is dead we will all die

You are Such a low skill kind of freelancer and business participant if you do not know such a rule as "waiting is better than losing". All now prefer to wait for the first calls of the economic growth and not going to push ahead bringing additional losses. If you don't understand that, I'm sorry. Don't start a panic in a place where they are already doing a great job without you.

[lienfaye]

Though the economy is slowly recovering because of the less restriction for business and establishments, there are businesses (e.g restaurants and bars) who chose to permanently close due to losses of not getting profit anymore because of the pandemic. Lack of customers are the reason, as I can see here the most affected are the drivers of public transportation since there's a limit for passengers which means less income.

[spy100]

everything is dead we will all die

You are Such a low skill kind of freelancer and business participant if you do not know such a rule as "waiting is better than losing". All now prefer to wait for the first calls of the economic growth and not going to push ahead bringing additional losses. If you don't understand that, I'm sorry. Don't start a panic in a place where they are already doing a great job without you.

it's not about low quality work... it's about where is the demand ? ...

Before i started freelancing again i was a lead developer  in a company , i created a bitcoin trading platform in php and after the backend for a mobile trading & loans platform for eth and eth tokens , nothing to do with skills ...

Here is the problem in freelancing... Indians took over the market with shit prices ... Now you the client will go to a indian do to fact he has lower prices then europeans or americans ... your going to get your project done ... but you will pay shit price and you will get shit quality ... after you will come to skilled european / american freelancers like me and ask us to fix your project ... we give you the real price and you start telling us that you know freelancers that charge cheaper ...

Now we the "low skilled" european/americans  freelancers tell you this : Go F yourself and your project ... if you want quality pay quality ,go  to your indians to fix it ...

-----------------------------------------------------
Back in 2010-2015 i built over 300 websites and around 100-150 logos  and other graphic design projects ( satisfied custumers ) some of them you will see them in my old portfolio: https://www.coroflot.com/spy100/My-Portfolio
In 2015 i started working for a company as web developer then in 2018 i was promoted to lead developer until march 2020,i quit my job do to fact ceo wanted to cut salary to 33% out of 100% (excuse coronavirus) ...download stib p2p app to see eth platform
From march 2020 - present date i started freelancing again while i am looking for a job : 2020 portfolio you can see here: https://bitcointalk.org/index.php?topic=5243944
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Check my profile before you start saying stupid stuff...

[Ucy]

Depends on where you live. Or maybe dead is an extreme word. Things were pretty difficult for medium scale businesses in the beginning though, but it seems to have returned to normal where I live after reasonable amount of business/social activities resumed. I guess cities and big towns are mostly affected where lockdown are still in place around the world?

[tbterryboy]

Depends on where you live. Or maybe dead is an extreme word. Things were pretty difficult for medium scale businesses in the beginning though, but it seems to have returned to normal where I live after reasonable amount of business/social activities resumed. I guess cities and big towns are mostly affected where lockdown are still in place around the world?

I agree with the fact that every country differs and while some have been able to restore normality or close to that but there are still countries that are suffering and I cannot deny the fact that the private sector is really dead right now because there are no jobs and the ones who are holding onto their jobs are lucky or just hardworking because it's not easy to cling on your job in such times with the payroll being cut and the work hours being increased in general.

As an online freelancer and part time worker I know it is not easy to get the same amount of projects as it was earlier because really no one wants to invest in any project and hence there is a low right now in the market in terms of investment, jobs and new projects.

[inoes]

Business  / private sector is dead

As a freelancer in 2 months i got 4 clients only ... in my area 4 clients it's like your biz is dead... no matter how much you try to do marketing/advertising it just does not work ...
I look at other peoples businesses same situation ...

This is a complex problem. Naturally, if the freelance experienced a little order. This is basically because the interests of the community are more focused on primary needs. Your work is good because it is a service. but the customer you have helped has not been able to get the expected profit. So that makes your orders little.

[bearexin]

Though the economy is slowly recovering because of the less restriction for business and establishments, there are businesses (e.g restaurants and bars) who chose to permanently close due to losses of not getting profit anymore because of the pandemic. Lack of customers are the reason, as I can see here the most affected are the drivers of public transportation since there's a limit for passengers which means less income.

Choosing to permanently shut down hotels might be a decision they had to make out of desperation or maybe they have loans on the hotel itself which is not possible to manage and they have to close it.

But if only they could have managed a little longer, the conditions are now getting back to healthy once again and very soon the market would be back and there might be even more movement and demand since people are frustrated being locked into their house and would rush to hotels, malls, etc once they see there is no fear and restrictions being applied.

[Lorence.xD]

The life of businesses depend on the government's ability to manage their business sectors. If they do not know what to do with all the problems at hand then they will surely have a problem. If the government knows how to control the pandemic from spreading then that means that they can open businesses easily because they addressed the problem of atleast alleviating the chances of viral contraction. This is just a matter of government competence in my opinion because look at New Zealand.

[Mauser]

The private sector, including business and commerce is not dying because the country's economy is being disrupted and everything is shutting down. They are closing down their companies due to lack of necessary funds, which is causing many people to become unemployed. Unable to pay workers due to non-import and export the situation is getting worse day by day due to the lack of proper action by the government commodity prices are rising if the government takes the right steps these will never be possible.

I noticed that most of the time funds are actually there but people don't give any priority anymore and postpone a few months. Same for the layoffs, business is not all bad yet and doesn't require such drastic measures. But the companies still layoff a large portion of their employee. I believe its more about the outlook of the future than the actual current state. As long as we have these high corona numbers and there is no normalisation in sight, companies will be reluctant to hire and invest again. Which kind of makes everything worse.