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Chicago Business Strategies Examiner

Starting a business in a down economy

October 23, 6:21 PMChicago Business Strategies ExaminerLaShon Anthony
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Today, so many people are looking for ways to make money. The unemployed, college & high school students, and retirees are all searching for "jobs." Unfortunately, some of these groups are competing for the same positions, especially in the retail and hospitality industries.

Can you paint or draw? Are you crafty? Do you like singing, dancing, acting or playing music? Can you style hair or faces with finesse? Do you know more about photography, computers or videos than most? Can you sell products like Bill Gates?

Turn what you love to do into cash. The more passion you have for your hobby the better chance you'll have to make a lot of money providing this service for others. Your enthusiasm will motivate others to want the same thing for themselves. And in spite of the economy, people are still in need of products & services...personally, for their family or their pets.

People are re-inventing themselves and starting niche businesses by:

  • Providing bike tours through various neighborhoods
  • Painting pet portraits
  • Offering mobile or by-the-minute massages
  • Becoming an online seller (Etsy, Amazon, Overstock, Bonanzle)
  • Creating fee-based business webinars
  • Developing after-school programs
  • Hosting passion and makeover parties
  • Becoming fitness trainers (yoga, pilates, tai chi, aerobics, dance)


There are a few recession-proof businesses. However, also consider offering help for new moms, newborns, children, seniors, and the deceased. New moms need childcare as they return to work. The elderly need assistance with shopping, meal preparation, and trips to the doctor. If you are the nurturing type, become a caregiver or au pair. Register with Care.com or another agency with this clientele.

Lastly as people are flooding schools for training under the WIA (Workforce Investment Act) grant, continuing education instructors are in high demand. (Click here to find out who qualifies and how to apply). Individuals with extensive experience in the following areas will find many opportunities:

  • Various Computer Professions
  • Medical Billing & Coding
  • Pharmacy Operations
  • GED & English as a Second Language
  • Cosmetology
  • Project Management


To find a complete list of training providers, click here. Each state offers different certification programs. The funds cannot be used toward a degree and all money is sent directly to the school that is selected. Look inside and find the gift you were meant to share with others!

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