Tuesday, April 7, 2009

No Industry Is Recession Proof

It may be ironic, but I hear entrepreneurs say some businesses are "recession proof" or even that their income will never be affected by economic factors. However, I've always thought the economy plays some roll- even if it is a small role, in every business. Whether or not entrepreneurs decide to participate in the recession, I still think things can be done to minimize the effect overall. Below is a video which talks about what Hollywood stars used to make and how much they are making now. And how the economy is playing a roll in Hollywood. One celebrity is only getting paid $250,000 for a film.

(Video)