2010:what is the best business?

Philippines
May 31, 2010 8:03pm CST
mylotters,what do you think is the most profitable business/industry this 2010?
6 responses
• Philippines
1 Jun 10
For me it is the Multi level marketing business and specially those in Health and skin care products that uses MLM system. If you want to be in that business I am willing to share to you if want.
1 person likes this
@CJscott (4187)
• Portage La Prairie, Manitoba
1 Jun 10
So you would vote Aye with Chipesterkhan and I then. Good on you. Health and skin care are primo. Right at the head of the Baby Boomer generation right now. MLM is the best, and duplicable systems make it so easy. Cheers.
@CJscott (4187)
• Portage La Prairie, Manitoba
1 Jun 10
By far and large the most profitable industry this 2010, will be Network Marketing, closely followed by alternate energy sources. This is my believe, and I am looking forward to being proven right. Cheers.
• Philippines
1 Jun 10
i second it and if i had a twin he'd probably third it all agree say aye! aye! aye! aye! Networking is the best way to make money it's kinda like the layman's way of practicing how to leverage time and money
1 person likes this
@CJscott (4187)
• Portage La Prairie, Manitoba
1 Jun 10
AYE AYE AYE...Lol, and if my company operated in the Phillipines Chip, you'd love it. The system I use is Generic, you could use it anywhere. But you are consulting right now, take and learn from that. Cheers.
@Downwindz (2537)
• Netherlands
1 Jun 10
Network Marketing would likely earn yes, but as such you canot invest in Network Marketing companies on the stockmarket. If we talk about companies to invest in on the Stockmarket i would look into companies who work with alternative energy sources mainly Wind energy will become more and more sought after.
1 person likes this
@lealuvy2j (1986)
• Philippines
1 Jun 10
Based from the Forbes Richest People list, I would have to say that telecommunications is the most profitable industry this 2010. Almost all those in the top spots involved people whose business is involved with this industry. Take Carlos Slim Helu for example. He overtook Bill Gates and Warren Buffet as the richest person on Earth and he did that because he is the Chairman & CEO of Telmex, Telcel and América Móvil.
@dheckerz (473)
• Philippines
1 Jun 10
The best business usually depends on your location and the demand for it in your area. Generally speaking, health related business a pharmacy perhaps is good since all people get sick and medicines are in demand, also food business, telecommunications, travel and leisure those that of nature is also good year round.
@divitiae (193)
1 Jun 10
I like high sustainable margin and increasing earnings per share so at the moment I am liking health care, technology, telecoms and tobbacco.
@iristacey (112)
• Philippines
1 Jun 10
I agree with lealuv2j. Telecommunication is a very profitable industry. Apart from that, Information Technology, although very broad that it range from software to hardware, is also a very profitable business allowing several companies who has identified key requirements by end user to be among the richest and most sustainable in the world.