Need of the hour : Use the Crisis

[carter34]

Only a few will become millionaires during the crisis, the rest will finally go bankrupt.

Usually not all that will be millionaires, this is the way it has been. Opportunities doesn't give everybody the chance to clump up there to be rich but just the few favoured or lucky. Covid-19 gave people who are in the medical aspect of life or job the opportunity and yet not every one got favoured.

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[FlightyPouch]

My partner and I are planning to do an online business but we are not that sure how we will achieve things that we wanted to do like delivering things in this pandemic is hard. We needed a position that would make our customers easy to go to which is usually in towns which is so expensive to rent or buy. Another thing is that transaction procedures are also having problems.

[Fortify]

I've been lucky (?) enough to work all the way through Covid and a large chunk of it was working from home. That opened up the possibilities of earning a bit extra from doing small side jobs - completing surveys, placing matched bets through various gambling sites (small wins but no chance of losing) and making a bit extra from signature campaigns here. It probably totals up to an average of $5-10 per day, it's a small amount but it does add up over the month and gets placed into more solid investments for the future.

[posi]

We are in the duration of the 21st century and before the issue of pandemic occurred people around the world have already understood that we can't rely on the government for solutions because they aren't helping us and this is the reason why people like Satoshi Nakamoto created Bitcoin then.
With that been said, creation of small business is not easy as you think OP cause there are some certain thing needed (aside the money involve) to make it work and I'm saying this because there are some many people with business ideas but lack the required resources. We some empowerment from the government so people can put their ideas to work for the betterment of the economy.

[Google+]

My partner and I are planning to do an online business but we are not that sure how we will achieve things that we wanted to do like delivering things in this pandemic is hard. We needed a position that would make our customers easy to go to which is usually in towns which is so expensive to rent or buy. Another thing is that transaction procedures are also having problems.

If you look at the current economic conditions, there is no other choice to start doing business online, but what needs to be considered is how the conditions of the people in the market do they want to buy something other than food and other life necessities? so in my opinion this can be said to be a crisis and for you maybe you have to find ideas to sell necessities of life that will not mushroom or have a very long expiration date so that you will not make a loss if there are no buyers.

[teosanru]

I think the best utilization of these lockdown restrictions would be to somehow increase the usage of technology and making some online solutions for people. We obviously know that Tech startups are the new boom but with lockdown almost everything went online as there were complete restrictions on movement. I think best use of this time is to think! and Do! Many people always complaint about being stuck in that circle of life and work this could be the right escape for those people and would give them an opportunity to create an alternative source of Income. I think identifying such an idea is pretty easy too! Look around yourself or your family and look for things that stopped during the lockdown things for which you had to wait until the lockdown was over. Bring those services/goods online by merely entering as an intermediary. A pretty big giant of my country "Jio" took this time out to provide groceries at doorstep and the market cap of the company almost tripled during the period of March to October.

[Emitdama]

The idea of selling food seems good. If anyone can do that it would be good that they go for it. I have seen people who are into that kind of business and they are benefiting really big from it. So the business works, if you can cook perfectly, and find a good location and start it up. Then you have to also make sure that the place is clean, because we are in the middle of a pandemic. So, procedures that will help in curbing the level of Covid-19 infection.

The next area one needs to consider is online jobs or businesses. As someone that’s into online business, you wouldn’t be going out all the time, you can stay at home and chill as long as the business is paying well.

[Spaffin]

We are in the duration of the 21st century and before the issue of pandemic occurred people around the world have already understood that we can't rely on the government for solutions because they aren't helping us and this is the reason why people like Satoshi Nakamoto created Bitcoin then.
With that been said, creation of small business is not easy as you think OP cause there are some certain thing needed (aside the money involve) to make it work and I'm saying this because there are some many people with business ideas but lack the required resources. We some empowerment from the government so people can put their ideas to work for the betterment of the economy.

If we take into account countries, such as the countries of the European Union or the United States, where life for most of the population of the country was practically "greenhouse", thanks to social guarantees, then in such countries it is very difficult for people to endure the problems that the pandemic and the corresponding restrictions bring. But in the countries of Central and Eastern Europe, life was not sweet before, and people have learned to survive, inventing different methods to provide for their families and to run their business.

[wxa7115]

Hello everyone I am quite aware that we all are going through a tough time. With the third wave of the virus , the lockdown have caused chaos worldwide. I do think that the only possible solution we have is to: Use the Crisis in our favour. Think about all the things that can be done to start a new business, earn from home. As for me I believe we have to rely less on the government but more importantly start small businesses, this is the only way that we will be able to go though the pandemic.

-start small businesses
 Example: Food service , tutoring kids through zoom etc..
-go with small investments and look for what people are looking, if you are living in an area with students living in hostel , 24*7 food service is going to get you like 100-200$ per 2-3 days ( Tried and tested )
-only apply for those jobs which do have favourable conditions for the workers ex- free insurance etc.

What is your business idea ? During this pandemic? You think it would work ? Why/why not ? Let's share !

I have not really thought too much about it since fortunately for me I have been able to keep my job, however this is something that I agree with, the world has changed and we cannot expect that all of us remain unaffected by it, many people have lost their jobs and they cannot depend on the government forever, they need to change and adapt.

Probably the best idea is to start a small business that you can do from home, the idea of tutoring kids through zoom is a great idea in my opinion, in my country public education was already terrible and with the pandemic this is even worse, so if you are good at some particular difficult subject like math you could help tutor the kids and charge a fee for it.

[el kaka22]

I am actually on verge of doing something like this, I am starting a website business that is not really affected by pandemic at all, it shouldn't be affected and in fact it should be going bigger and bigger the poorer people gets, I am not selling anything, I am getting users and my profit comes from having more users which means my users are my product and ads/affiliate is my income.

This is what you should always try to do, world economy will never get better, it may look to get better but while it gets better slowly we are not having the rights our parents had and our children will not have the rights we have in the long run. So, just focus on providing something for free, and charge afterwards, that is how startups becomes billion dollar worth.

[Mauser]

-start small businesses
 Example: Food service , tutoring kids through zoom etc..
-go with small investments and look for what people are looking, if you are living in an area with students living in hostel , 24*7 food service is going to get you like 100-200$ per 2-3 days ( Tried and tested )

This sounds like a good idea, I would recommend also to do a business idea online. Food service is seeing a lot of competition at the moment because due to the second lockdown all the restaurants need to close. The only way the restaurants can operate at the moment is with delivering food. And with many stores closed again, I think the best we could do for a small business would be to work online from home.

[Salauddin1994]

With everything off for corona and people spending the day sitting at home these food service businesses will help a lot to improve if you want to start a business with little money do business from your own home need a kitchen good cooks and delicious recipes. In the present age you don't even have to think about delivering food but keep in mind that there are thousands of food shops in different places so in order to compete with them you have to pay close attention to the quality and taste of the food and pay attention to the fancy new recipes ideas can be obtained from various recipes at home and abroad.

[Kupid002]

My partner and I are planning to do an online business but we are not that sure how we will achieve things that we wanted to do like delivering things in this pandemic is hard. We needed a position that would make our customers easy to go to which is usually in towns which is so expensive to rent or buy. Another thing is that transaction procedures are also having problems.

Online business is what is in demand right now , if you are planning to make a business make you sure you can do it both with a good place and you can market it also online. When I say online you can deliver it in their home so less hassle for them at the same time another income for you from other cities or baranggay.

For transaction you can accept it even in Fiat or digital money .accepting digital payment I think this is the right time to start it .

[AicecreaME]

Hello everyone I am quite aware that we all are going through a tough time. With the third wave of the virus , the lockdown have caused chaos worldwide. I do think that the only possible solution we have is to: Use the Crisis in our favour. Think about all the things that can be done to start a new business, earn from home. As for me I believe we have to rely less on the government but more importantly start small businesses, this is the only way that we will be able to go though the pandemic.

-start small businesses
 Example: Food service , tutoring kids through zoom etc..
-go with small investments and look for what people are looking, if you are living in an area with students living in hostel , 24*7 food service is going to get you like 100-200$ per 2-3 days ( Tried and tested )
-only apply for those jobs which do have favourable conditions for the workers ex- free insurance etc.

What is your business idea ? During this pandemic? You think it would work ? Why/why not ? Let's share !

During this trying times, many unpleasant events took place. A lot of people lost their jobs and have no other way of financing themselves. What you thought is a smart way to generate an income. Starting a small business enterprise can really help those who became unemployed and those who want to have an extra income.

These businesses can be just at home. If you have an extra space, for example an empty or even a spacious garage, you can start your own little store. Here in our country, we have these mini ‘convenience stores’ called “sari-sari stores” wherein the goods and other stuff bought in a grocery or supermarket were also found. This can help you finance your daily needs. I don’t know if you can do this in your country, but you can always ask and give it a try. If ever it’s not prohibited to do so, survey your area and cater the needs of your locality. What problem does your place have that isn’t addressed yet? Is your place far away from stores, groceries, and supermarkets? If yes, you can give this idea a shot. Just make sure to secure the documents needed such as permits, etc. for legalization.

Starting a business, no matter how big or small is hard nowadays since we’re in the middle of pandemic. Majority don’t have enough resources to begin with, that’s why most struggle to start up with something. Banks limited the loans given to small scale enterprises and individuals. Hence, making it difficult to have a capital to start. This boils down to dedication and determination of someone to make money out of what you have at hand. Be wise. Make plans. Organize everything. Strategize.

[Oasisman]

24*7 food service is going to get you like 100-200$ per 2-3 days ( Tried and tested )

I haven't tried but many have tested and proved it. During the start of the pandemic, one of the famous food couriers in my country first operated in my small city, and It was a success, many people who lost their jobs turned to be one of the delivery man and ends up earning more than their regular job because of the delivery tip and weekly salary. I might've tried it If I have lost my job too. Nevertheless, I'm still thankful my company's line of business is essential goods.

[Ucy]

Ofcourse.
I actually prefer going into buying, selling/giving/sharing and production of basic things that are healthy/good. Things like foods (like you mentioned), farming/rearing plants & animals... mobile, portable and decentralized things.
I'd avoid too much large stationary things, even though they may be extremely profitable. Just avoiding them for a reason (esp the moral aspect of knowing what will become of them in few years time but still selling/buying them.). I think I would just probably hire/rent them temporary.

 Will focus more on making things for nomads. I would learn how to dry/preserve the agricultural products in very healthy ways to last really long.

[FlightyPouch]

My partner and I are planning to do an online business but we are not that sure how we will achieve things that we wanted to do like delivering things in this pandemic is hard. We needed a position that would make our customers easy to go to which is usually in towns which is so expensive to rent or buy. Another thing is that transaction procedures are also having problems.

If you look at the current economic conditions, there is no other choice to start doing business online, but what needs to be considered is how the conditions of the people in the market do they want to buy something other than food and other life necessities? so in my opinion this can be said to be a crisis and for you maybe you have to find ideas to sell necessities of life that will not mushroom or have a very long expiration date so that you will not make a loss if there are no buyers.

We will not be doing that food-related business. Even though we are still in the pandemic, here in our province, we don't have that much problem with food. There are a lot of sources that we can get that and people here are so nice and always share what they have with other people. The problem though is that people here can't manage their money that well so when they see something fancy and cheap, usually they don't have any second thoughts about it and just buy it.

[Wexnident]

You guys can also start beermoney jobs. I use testableminds to earn a few bucks together with my family's small business to get by, I'd really like to join mTurk as well but I've been denied quite a few times so I don't really know if I would bother trying it again later on. Beermoney may be small in amount, but at the very least it's something. I would've also recommended reselling, but it's a hard business to start with little resources available after all.

The problem though is that people here can't manage their money that well so when they see something fancy and cheap, usually they don't have any second thoughts about it and just buy it.

THIS. More often than not, when people see something cheap and look good they just immediately buy it, even if they really aren't a necessary thing to buy. My family often had problems like this in the past, glad I was able to fix that though since most of the products sent were either defective or was really easy to break.

[oHnK]

I am actually on verge of doing something like this, I am starting a website business that is not really affected by pandemic at all, it shouldn't be affected and in fact it should be going bigger and bigger the poorer people gets, I am not selling anything, I am getting users and my profit comes from having more users which means my users are my product and ads/affiliate is my income.

This is what you should always try to do, world economy will never get better, it may look to get better but while it gets better slowly we are not having the rights our parents had and our children will not have the rights we have in the long run. So, just focus on providing something for free, and charge afterwards, that is how startups becomes billion dollar worth.

What kind of business website have you created with users as your product?  I wonder, does it require a lot of capital?  and I am not sure your business can be done by everyone, because a website-based business requires special skills to create and requires a large amount of money.

[JuSayCo]

You are right. We need to be more productive and find some ways to earn and survive amidst of this pandemic. Here in my country, we can't rely completely on the Government because we are an over populated country with only limited resources. So, it is necessary for us to stand on our own. And I am proud to share that we Filipinos are very hopeful, resourceful and full of strategy in any hard situation that we are facing. Since the lockdown was implemented here in the Philippines, most Filipinos had started a small businesses through online platform. Selling different kinds of goods that will meet the needs of the people within the certain community, is a great idea to feed each families during quarantine time. I believe its really not easy to start a business, but we just have a positive mindset and faith, we can make it. A huge capital is not necessary, even a little amount will do together with a strong faith and courage. If we'll work much harder and be wise in our daily spending, we can definitely grow our business beyond expectations.