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Topic: Business / private sector is dead - page 2. (Read 1009 times)

sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
August 12, 2020, 07:20:43 AM
It seem so everywhere and we know what's responsible for that, the pandemic you know! Since importation was stopped and international movement of both goods and services the little item every country has it what they made do with. Things become more costly and the government could not even help subsidize,even those things we produce within my country went higher in price. We know it is coming to an end and we are recovering. 
actually a pandemic is an indirect cause, all because the country is ignorant of the pandemic outbreak, not anticipating immediately after China locks down.
they just think that the corona pandemic is just a pandemic like ordinary influenza. when it spreads and is dangerous then everyone starts to panic. anticipate by dismissing everything that causes large crowds (factories / malls / companies).

ultimately resulting in scarcity of raw materials for production because all factories were stalled, this clearly resulted in scarcity of goods everywhere, and many were looking for opportunities to hoard and sell at high prices. this continues to drive prices out of control and costs many people who end up spending large sums of money.

for countries that can solve pandemics well instead of stopping the pandemic, they can immediately work and activate many sectors so that the economy can run and people can get what they need at a reasonable price.
legendary
Activity: 2534
Merit: 1338
August 11, 2020, 01:24:18 PM
Lol don’t even software engineers, those are the people that are seriously cashing out at this time, even marketing experts.
These are the people that are not really affected in the cases of people losing their jobs. Even right now there are lots of companies that are hiring software engineers.

When the pandemic started I checked for remote jobs and majority of them are all on software engineering, things like web development, design, app developing, and all other software engineering jobs, and marketing/advertising. Don’t compare them with taxi drivers, they are completely different. And moreover transportation companies were hit the most at this time.
Well it is kind of obvious that people like that are not going to be that affected by the current pandemic, they can do their job from their own home practically with no issues and in order to become a software engineer you need to go to college and you need to be really good because I know several software engineers that do not really make a lot of money because they do not know how to code, but if you can code then the sky's the limit when it comes to what you can make out of it.
hero member
Activity: 2996
Merit: 609
August 05, 2020, 06:11:49 PM
Lol don’t even software engineers, those are the people that are seriously cashing out at this time, even marketing experts.
These are the people that are not really affected in the cases of people losing their jobs. Even right now there are lots of companies that are hiring software engineers.

When the pandemic started I checked for remote jobs and majority of them are all on software engineering, things like web development, design, app developing, and all other software engineering jobs, and marketing/advertising. Don’t compare them with taxi drivers, they are completely different. And moreover transportation companies were hit the most at this time.
People now are on remote basis due to quarantine because of this pandemic situation then its understandable that programmers/developer, designers,online marketers would really have much more demand
yet companies will surely switch up on online basis for the mean time.

There are business sectors which is heavily affected which would result into no demand of specific workers but for people who had skills in web development and other related skills are still
on demand.

I dont know why op had just concluded out that it is already dead just because he do saw that someone didnt seek a particular worker?
hero member
Activity: 2002
Merit: 535
August 05, 2020, 05:50:08 PM
Online and offline the scenario is not good because of the pandemic, but this will not take long we only have to suffer for little more time, WHO is monitoring the vaccines and pharmaceutical industries are on the right track it's only a matter of time we will have a vaccine before the end of the year and everything will be ok again and we will be back to normal.
If you are trusting what the WHO is telling then you need to wait for a very long time to see everything going back to normal, i never took the virus seriously in the beginning because in my mind i was following WHO who was telling everyone that it is not a big deal and it will not spread and they usually changed their words every week. Online companies are making money during this pandemic while physical stores are suffering.
member
Activity: 1358
Merit: 81
August 05, 2020, 03:54:21 PM
Sadly, these sectors have not opened their doors like the food and medicine businesses. At this time we are more educated how to face the Coronavirus, the problem lies in raising awareness because while you take care of yourself there are other people who do not, and therein lies the problem and the incidence of new cases of Covid19.

What causes closure of companies and unemployment, so earning an income is uphill.

We must not lose hope, Freelancers have online opportunities, you just have to be patient and be competitive.
sr. member
Activity: 1246
Merit: 255
August 05, 2020, 02:42:21 PM
It seem so everywhere and we know what's responsible for that, the pandemic you know! Since importation was stopped and international movement of both goods and services the little item every country has it what they made do with. Things become more costly and the government could not even help subsidize,even those things we produce within my country went higher in price. We know it is coming to an end and we are recovering. 
full member
Activity: 868
Merit: 151
August 05, 2020, 02:20:25 PM
I believe that the government is making a very big mistake, not allowing small businesses to work in the face of the decline. I believe that different ways can be found to limit the spread of the virus, while enabling businessmen to open cafes, restaurants, museums and other sectors of the public service. In this case, it is imperative to follow the rules of personal hygiene, quantity and distance between people. in this situation, a lot must be taken into account, because every businessman rents equipment or real estate, and in this situation there is no profit and no one pays the bills. therefore, if the situation is not corrected, then any business will die, and every businessman falls into a hole in debt.


It’s a very different situation now, though it will depend upon each country how needs to be open or shut etc depending upon the situation city/county the call would be taken. People have started to save, avoiding any extra stuff or wants which can be postponed have started to come into picture. This gives a really worries as demand will fall drastically for many things other than needy stuff.
sr. member
Activity: 1652
Merit: 299
August 05, 2020, 01:03:46 PM
Lol don’t even software engineers, those are the people that are seriously cashing out at this time, even marketing experts.
These are the people that are not really affected in the cases of people losing their jobs. Even right now there are lots of companies that are hiring software engineers.

When the pandemic started I checked for remote jobs and majority of them are all on software engineering, things like web development, design, app developing, and all other software engineering jobs, and marketing/advertising. Don’t compare them with taxi drivers, they are completely different. And moreover transportation companies were hit the most at this time.
legendary
Activity: 2534
Merit: 1338
August 04, 2020, 02:39:13 PM
There is never a stable business. One who wants to invest thinking will always gain is like racing with cheaters hoping to win. All you said are true not only in your country but somewhere else, but the good thing here is that it isn't like that all through the year.
There's always this favourable time in business
Staring a business is by definition a risk, you are risking your money and your time thinking that whatever you are starting is going to produce enough money not only to offset your expenses but also to give you profits, but the issue is that everything has changed, business models that were profitable before the pandemic now are facing uncertainty and if this lasts long enough the owners will have to close down and all for something that was impossible to predict becoming victims of the circumstances.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
July 31, 2020, 04:08:23 PM
I believe that the government is making a very big mistake, not allowing small businesses to work in the face of the decline.
Yes, because it becomes a domino effect. If one person is unable to earn his income he won't have how to spend it, then the next person's income is also compromised as there won't be any customers and then we have the scenario described by OP.
Economy is life. Governments can't forbid people from working justifying health reasons. Without economy besides not having money, people's health will also be in trouble! Governments are thinking too little on short run only.
full member
Activity: 1330
Merit: 121
July 31, 2020, 12:33:56 PM
I believe that the government is making a very big mistake, not allowing small businesses to work in the face of the decline. I believe that different ways can be found to limit the spread of the virus, while enabling businessmen to open cafes, restaurants, museums and other sectors of the public service. In this case, it is imperative to follow the rules of personal hygiene, quantity and distance between people. in this situation, a lot must be taken into account, because every businessman rents equipment or real estate, and in this situation there is no profit and no one pays the bills. therefore, if the situation is not corrected, then any business will die, and every businessman falls into a hole in debt.
hero member
Activity: 2828
Merit: 611
July 31, 2020, 10:14:36 AM
Everyone hopes their business doesn't die, and there are situations where some business' die and some do not, but in reality this new pandemic stuff was so harsh that every single business could have died, which is a big problem, we are talking about a global pandemic that stopped the whole world, it doesn't matter if your job was office job that workers could stay at home and work, or if it was hands on construction type job or if it was a restaurant, it could be any type of job and it would be hit, some hit hard, some hit not so hard but all of that was affected.

It wasn't like 2008 where people said "food sector always survives because people need to eat", hell on this one even that was hit. So, I would say focus on surviving and not profiting, even if you are losing, just try to eat that loss and continue because in the end if you can survive this period, you will survive.
sr. member
Activity: 2030
Merit: 269
July 29, 2020, 02:01:51 PM
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 ...

Online and offline the scenario is not good because of the pandemic, but this will not take long we only have to suffer for little more time, WHO is monitoring the vaccines and pharmaceutical industries are on the right track it's only a matter of time we will have a vaccine before the end of the year and everything will be ok again and we will be back to normal.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
July 29, 2020, 01:52:37 PM
On the other hand, mainly people who are complicated by other serious diseases die from the coronavirus. In my opinion, the danger of a coronavirus pandemic is too exaggerated

If you are a social Darwinist (a kind of), you would be right. But you would be right even in respect to small pox and plague that killed people in millions but they still didn't threaten the survival of human race. It could be argued that any disease kills only the weak and the old making the society more resilient to this infection in the future ("the survival of the fittest"). According to Nassem Taleb, this is the exact mechanism which makes humanity antifragile

Disclaimer: I do not necessarily share or endorse such views
full member
Activity: 455
Merit: 102
July 29, 2020, 01:19:32 PM
I think people already know what they should do in times like this since we are facing a new normal and people should start adapting. The worst is coming since the pandemic is not yet done without the present of a curable vaccine there's no stopping and getting back to what we used to be before.

The government should be ready to something like this in the future to avoid another recession of the economy if the pandemic would prolong just what happened to us right now.
You used the term "new normal" but if that is true then times are really going to be disastrous in coming time because there is no vaccine approved and the cases won't decrease despite lockdowns and shutdowns in so many countries.

No government or organization can be ready for such pandemics and they are being called pandemic for the same reason actually because it spreads in the whole world and there is no defined vaccine.

I think the new normal would take sometime for everyone to get used to, but that is the only option, sanitize/mask yourself and you have to move to work because sitting at home watching bad news would only bring negative energy.
member
Activity: 127
Merit: 12
July 29, 2020, 01:07:48 PM
There is never a stable business. One who wants to invest thinking will always gain is like racing with cheaters hoping to win. All you said are true not only in your country but somewhere else, but the good thing here is that it isn't like that all through the year.
There's always this favourable time in business
member
Activity: 994
Merit: 11
Daxetoken.net
July 29, 2020, 10:15:57 AM
Businesses and other private sector collapsed because of the pandemic. The two months lockdown has a huge impact for the economy which everyone and every economic sector was affected too much. It brings a higher number of unemployment and shut down some business establishment.
sr. member
Activity: 1036
Merit: 281
July 29, 2020, 07:30:07 AM
I just hope that my business does not die, hopefully only sleep so that one day I can wake up in fresh condition again. the business I built is tourism based, so how can we possibly benefit from the tourism business? with the closure of tourism, strict safeguards, and a reduction in the number of visitors it makes us think hard. Is it necessary to create a cryptocurrency that supports tourism?
We all know that tourism is one of the most affected business right now, the answer is simple, you cannot possibly benefit from your tourism business as of now. But as long as you manage to survive until this pandemic ends, your business will also survive. Tourism is always there, always in demand as long as the tourists would like to accept your service.
Tourism industry is one of the main industries that are been affected because of the pandemic, many countries all over the world are still close in order to lessen and prevent the virus to spread. Actually, tourism is contributing 12% and more to our country's economy and right now it doesn't reach 1% because of the pandemic. A lot of people lost their jobs and many people are suffering not only in my country because all of countries are affected.
full member
Activity: 455
Merit: 102
July 29, 2020, 06:56:55 AM
There is a reason why pandemic is said to bring economic crises. It has been studied and observed from the time of world war. The implementation of lockdown throughout the whole country resulted in tremendous losses special for private firms and businesses as the whole work had to halt. Many people lost their jobs or has a decrement in their monthly pay because of covid-19.

The inflation rate of the countries is increasing. Many things are becoming costly and that’s normal in economic crisis. Still the rock bottom hasn’t been reached. The economy has started picking up slowly as people are getting tired of the virus and are starting to live their lives normally.
sr. member
Activity: 1022
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
July 29, 2020, 06:16:29 AM
I just hope that my business does not die, hopefully only sleep so that one day I can wake up in fresh condition again. the business I built is tourism based, so how can we possibly benefit from the tourism business? with the closure of tourism, strict safeguards, and a reduction in the number of visitors it makes us think hard. Is it necessary to create a cryptocurrency that supports tourism?
We all know that tourism is one of the most affected business right now, the answer is simple, you cannot possibly benefit from your tourism business as of now. But as long as you manage to survive until this pandemic ends, your business will also survive. Tourism is always there, always in demand as long as the tourists would like to accept your service.
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