Even when the economy does bad, the web can still thrive. With Web jobs you are able to reach an entire global market, not confining you to only one poorly performing local economy. Despite the looming state of the economy, I haven’t noticed any major downturns in my income.
According to Veritocracy CEO Lee Hoffman: “At the end of the day, a society’s economic standard of living is based on the ability of its people to do more with less resources. Less time, less money, more output. The United States (and, increasingly, the world) is filled with brilliant, creative, and entrepreneurial people. This financial downturn may take a serious toll, but the tools that we have to deal with it are the best they have ever been.”
The internet will allow you to continue to reach new and current customers, even if they aren’t spending as much. So can you succeed online in a bad economy on the web yes you can.