Tuesday 15 September 2009

meeting the developing world

Sir Richard Branson said developing countries will lead the world economy out of recession and that returns on investment will be higher there for the foreseeable future.

What I am thinking about that is catch a opportunity from the crisis is a successful entrepreneur's skill. like Richard said"the worse the crisis, the greater opportunity."

what is the opportunity in recession for a entrepreneur,for example some products will reduce the price when is recession, because that time the demand had decreased. therefore, some of people buy a lot and stock them after the economy recovery, they will sale it again but with higher price. So they can earn more profit. in another hand, when the world face to recession, a lot of people loss their job, so, some people know not every people who loss their job are not useful, then they may recruit them with low wages but those people achieve the standard that they need. etc.

But the problem of catch a opportunity from recession is the risks, they might get loss if they make a wrong decision , because in fact we can say recession is means the economic is negative and not stable. therefore, entrepreneurs need spend time to think about is this opportunity help them a lot or just do nothing.