Member-only story
11 ways for Solopreneurs to Recession-proof their business
Are you a Solopreneur or a Freelancer? And finding it hard to sustain your business during these hard times.
Mind it, Hard times are here to stay.
It may be an economic downturn, AI disruption or lunatic leaders bombing other countries.
Fire is the test of gold; adversity, of strong men — Seneca
The world is changing at a rapid pace. Every new year some tech/war is disrupting the whole world.
This makes companies re-think their business model, investors cautious about where to put their money and the stock market to act irrationally.
Plus, noise and buzz created by the media house make businesses more worried and cautious.
Businesses and Employees are paid less, so they spend less.
The result is lesser business activity which leads to lower money circulation in the economy.
But YOU, have a unique opportunity. Solopreneurs generally don’t have much upfront cost (like office building, employees and more.).
This makes you faster and cuts costs where required.
Ways that can make your businesses grow and even thrive:
