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while most businesses have been adversely affected by the Covid pandemic, some have thrived, and even performed better. So-called countercyclical businesses tend to see massive growth during a recession.
Reselling Items Online
In the first half of 2020, Amazon made a profit of 5.2 billion USD. That makes reselling items online an enticing option.
Online Teaching
Schools have also been affected by the COVID pandemic, with most students now learning at home. If you have in-depth knowledge of a particular topic, you can create an online course and upload it to Udemy.
Freelancing
Probably the best recession-proof business is freelancing. It is viable, requires minimal investment, you can work from home, and you are your own boss.
Online Food Business
Even during an economic crisis, humans still need to eat and drink. That is one reason why food and beverage is one of the most volatile industries.
People who should be listening to this show are entrepreneurs, solopreneurs, career coaches