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jackg
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August 15, 2022, 11:55:31 PM |
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Is it me or the private sector in the EU is dead ?
I think there's less investment in the private sector of most European countries imo - not sure why this is, maybe governments not wanting to invest in companies that'll just take their money or the lack of growth opportunities for companies (along with higher wages). So i am trying to find a biz to start do to fact web dev / graphic design is dead here , so no matter what industry i try there is a major crisis , high energy price, high rent, no clients and so on ?
As supply and demand rings true normally it'll have to change back at some point. People have higher increases in price on essentials so money will be taken from things considered less essential (although a lot of public transport in the UK seems to have undergone legal attempts to make them cheaper - or direct intervention if a government entity holds the contract). Drought killed agriculture here also ... i have some land , zero income from there this year ... it's like it's all f..ked !
I don't know if this is too much of a problem since the UK (and presumably the nordics) have had bumper harvests this year and the EU still subsidises the bloc when they can't produce crops due to weather conditions so I imagine imports can be sought fairly easily.
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gweb1996 (OP)
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August 16, 2022, 12:07:01 AM |
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I don't know if this is too much of a problem since the UK (and presumably the nordics) have had bumper harvests this year and the EU still subsidises the bloc when they can't produce crops due to weather conditions so I imagine imports can be sought fairly easily.
After France my country is largest EU agro producer ... expect high prices on food this winter , a river next to me that is big in my country , you can now cross on the other side like it's nothing ( i never seen that )... same for the Danube... crazy year
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Lucius
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August 16, 2022, 12:55:28 PM |
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Is it me or the private sector in the EU is dead ? So i am trying to find a biz to start do to fact web dev / graphic design is dead here , so no matter what industry i try there is a major crisis , high energy price, high rent, no clients and so on ?
Maybe people are a little more cautious in starting new businesses, or invest less in existing ones, but the private sector is far from dead. I live in a tourist country within the EU and the income from tourism will probably break the record this season, and in the context of this, all those who deal with tourism have invested in the design/redesign of their website and promotion. If you're into graphic/web design, then it's wrong to focus only on the EU, offer your services globally and be competitive with prices, in other words, adapt to the market. Drought killed agriculture here also ... i have some land , zero income from there this year ... it's like it's all f..ked !
I can say that this year is extremely bad for those who are engaged in agriculture, and what was not destroyed by the drought, before that was destroyed by the hail - so even though I only have a garden with vegetables and some fruit, the harvest is at least 30%-50% smaller than usual depending on different plants. However, I do not despair because I am an optimist who always hopes that things will get better, even though climatologists do not have very bright forecasts for Europe.
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Poker Player
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August 16, 2022, 01:05:42 PM |
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It's not dead, but with the European Union's penchant for regulating everything and imposing more and more taxes, don't expect the private sector to be very buoyant in the future. If you have countries like France with a public sector that accounts for 60% of GDP and in others like Spain or Italy that exceeds 50%, the most profitable in the European Union if you plan to start a business is that your customers are public administrations, and for that you need contacts and suckers.
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fiulpro
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August 16, 2022, 05:48:54 PM |
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When you are talking about private sector, you do have to consider what the country has to offer, certain countries in the EU do have a good government system, we can call it stable as well Providing services at nominal prices and thus it is very hard to actually find a way to attract clients with this much competition.
In general Farming shouldn't be dead since with the problem with Ukraine there are immense opportunities for selling your crops and also food to some other country in need, but ofcourse that also needs an already existing knowledge of having a good business establishment, converting the local one into an *international* platform.
I did work for some private companies but it was indeed really hard to actually find some clients for the same therefore I can affirm tbe fact that private companies might face a bit of a problem in the EU.
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avikz
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August 16, 2022, 06:12:41 PM |
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High inflation is everywhere! But that does not mean that the businesses are dead. EU is a high cost region compared to Asian and African countries. So think rationally, if you are in need of a web developer, would you hire someone at 30 EUR hourly rate or 5 EUR hourly rate at the same experience with same output?
In difficult times, businesses look forward for opportunities to optimize their cost and increase profitability. That's why for information technology domain, jobs are going to Asian countries, especially to India. So business is here, but a cost optimization is ongoing.
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Hydrogen
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August 16, 2022, 11:36:49 PM |
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Drought killed agriculture here also ... i have some land , zero income from there this year ... it's like it's all f..ked !
I was watching a youtube clip about a professional compost producing farm: https://www.youtube.com/watch?v=s6M8d4aBwP0At timestamp 16:57 they discuss the negative impact transportation delays and price hikes (rising oil prices) have had on their business. It sounds like a nightmare. I would guess a transition towards sources of raw materials that are locally sourced will begin naturally. Prices are reaching tipping points where the door will be open towards producing more needed materials locally. The only question is how long it will take for these shifts to manifest. There could be opportunity. In terms of starting businesses that produce locally sourced commodities that are in high demand. The days of shipping strawberries from chile and assorted items halfway around the world could be over. With high fossil fuel costs, there could be no other option aside from locally sourced alternatives.
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el kaka22
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August 17, 2022, 03:22:30 PM |
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I would say it is just you. Don't get me wrong, just because I mean that it is not dead, doesn't mean it is not hurt and yes it is hurt. But imagine it this way, we are talking about whole of EU and how they got hurt from financial trouble. Which means that we are going to end up with something that is not going to be easy for smaller companies like you are trying to start.
This means that you are going to have trouble because even major companies are trying to reach smaller markets which makes you not have any good customers. So it is not dead, but it is not in a place where smaller companies that just started, even not a company, just a freelancer basically, could get a lot of business, we are not there.
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crwth
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August 17, 2022, 03:27:34 PM |
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With everything happening in the world, it's not a surprise that industries are heavily affected by the crisis. The recession has begun, and it's just the start. It will be heavily stressful to have those properties at this time because of what's happening. If you need something, find it in a different industry.
People are probably scared to do something now in the agriculture business or even people with an interest in building businesses. It's just hard now with everything that is happening.
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stompix
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August 17, 2022, 03:34:23 PM |
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I would say it is just you. Don't get me wrong, just because I mean that it is not dead, doesn't mean it is not hurt and yes it is hurt.
No, it's not just him, it's him and his clones: I researched almost all sectors that you can do biz with small capital ...on any of them i try biz plan they fail... ~ Web Design / Graphic Design / Programming / Marketing / Crypto dev is dead ...very few are buying and want small projects
Web Design is dead
Are online communities dead ? I can't find online communities to advertise my services etc...
And if you're wondering why the alts, look at the trust ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Maybe, maybe...scam is dead?
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gweb1996 (OP)
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August 17, 2022, 11:23:50 PM |
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I would say it is just you. Don't get me wrong, just because I mean that it is not dead, doesn't mean it is not hurt and yes it is hurt.
No, it's not just him, it's him and his clones: I researched almost all sectors that you can do biz with small capital ...on any of them i try biz plan they fail... ~ Web Design / Graphic Design / Programming / Marketing / Crypto dev is dead ...very few are buying and want small projects
Web Design is dead
Are online communities dead ? I can't find online communities to advertise my services etc...
And if you're wondering why the alts, look at the trust ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Maybe, maybe...scam is dead? You must be a fu...king moron and a l...oser with no life , if that's what you do with your time,we all have clones on this forum you mo..ron and when you accuse someone of scam you better have some proof ... no proof f..uck you ! This guy is a indian weirdo i think that is paid by my competition in web dev to ruin topics or post , he does not order nothing , he does not buy anything he makes accusations and lives negative feedback without purchasing anything ...they are some sort of weird gang called Lauda Maybe, maybe...Stompix is a pedophile, he tries to get access to kids webcam .... Don't worry if ww3 starts we going to deal with you chinise / russians / indians very fast ...
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paxmao
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August 17, 2022, 11:57:13 PM |
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Not dead at all, the private sector is very active but only in the small and medium companies environment. There does not seem to be anything that is able to create an environment in which newer and larger companies can be created in a lifetime, like Tesla, Microsoft or Apple. The problem is that many of the big lobbies use the EU to create barriers that in turn create and unhealthy market.
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Darker45
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August 18, 2022, 01:34:43 AM |
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The world is in a major crisis right now. It seems we're up against a lot of things at the same time. The health crisis is one major factor contributing to the economic crisis. Peace and stability is also a big problem today which affects a lot of sectors in the economy. As you mentioned, there's also the effects of climate change. In other words, things are rather unfriendly these days to start a new business.
But I don't think EU's private sector is dead. It might even be growing, albeit in a much slower pace due to the factors mentioned. But the brunt is felt by the ordinary people. The private sector could still be reporting significant profit every quarter, but the consumers and jobseekers are the ones that are severely affected.
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