Who's loosing jobs from Wall Street crash ??
 

In the week-end, my main client called a bankrupt, due to the company's financial crash at NYSE...

My wife and me were having that same company as client, as i'm a developer and my wife is a PR/Arts consultant... so now, we have to rebuild our entire company's structure to receive some other clients with the same kind of jobs... very funny i can tell.

what we decided was to stop having ground-level companies as clients, and start developing our internet-side project... we were writing our white-paper when we were hit by this crash, and as we were already starting to re-define our goals, it was quick for us to decide how we would deal with the situation...

But not everybody is able to stand up soon after a crash... i'm located in Quebec, so i have no financial relation with the american economy, the only link i had was some clients... but i know a lot of vB coders who work for some big companies that have their faith and lives in the american stock exchanges...

so, what is your situation right now ?

oh, and i just see on cnn.com that the bailout was rejected... situations will change when the Asian Stocks re-open to see a big change...

Well, it hasn't quite affected me yet. I deal mostly with independant board owners, and small scale clients that run the site as a hobby or for their small local business. Personally my sales have never been better, but I can forsee some rough times in the future possibly and am trying to think of ways to work around possible road blocks down the road

road blocks ?!... a tank !!

This has affected my top client of a year :(
and this is after one of our team members abused their power, I've had to ban him and do what I can to make it up to the clients he burned.

Time to rebuild for my company as well

It's crazy because i was talking to another friend I have who's also a freelancer, and asked if he noticed the loss as well.

The conversation went something like:
"Is it me or are you getting more foreign customers than anything lately?"
"Well i kinda noticed it a bit, but what do you mean?"
"Lately, about 90% of my customers are from countries other than the us. Wonder if it has anything to do with what's going on with our economy"

... etc. etc..

But yea, I mean it's great you posted this because i was wondering if it was happening to everyone else. My whole idea on this is.. wouldn't that just benefit us more in the long run? I mean, all of these companies going bankrupt and with everything going on, do you not see more people shifting towards the internet?

A lot of companies were turning their economy on new technologies lately, because the old "stuff" is going to crash one way or the other...

the more we marketing our job, the bigger will be our future clients.. because they know we exists...

I completely agree, we definitely need to hold our end ;)

not me
I am Egyptian
but I think some people are generating fortunes from this

Lost $30k in washington mutual and $15k in AIG

Proof of purchases when I posted a few months ago on forums.digitalpoint.com
Yea I got screwed, so much for savings

Ouch, that must have hurt...

i lost less, but it's time consuming...

Bank accounts are FDIC insured? Or did you have stocks?

Big ouch! you must be very upset I guess...

well the ripple effect hasn't touch me yet but I think pretty soon :(

Why I don't understand Nexy, how u can manage a business, 4 kids, post every minute here and take care of your boards? =!?!?!

p.s. Isn't out of topic, but is out of logic :confused:

Thats why I was complaining about vB license renews :(
Who would every think of a depression now days...
The stocks :(

actually i have a well structured life here... the office is in the living room, so i always have an eye on the kids. my wife work at the university 3 hours per day so that period is dedicated on the kids and fun on the net -- no serious business. and i only have 2 kids at home, the others are at school. i usually work by the evenings, or when i can... i even find the time to win the "coolest soccer team of the association" this summer as the coach!

you can't handle a good company if you have an unstable life at home, and you can't have good visibility and good mood in the market if you have no public life at all... a nerdz in his closet will never win the respect of the community.

nex you can be my dad!

Forgot about the coaching...

But yes, it affects me since I create Legal entities for people... so for starters:

- No business loans or credits
- No ppl starting a business
- Manage some extra services on those dedicated to Real Estate
- etc...

Not hit yet, but soon ;)

--------------- Added [DATE]1222752927[/DATE] at [TIME]1222752927[/TIME] ---------------

Daaang! Congress didn't approve the 'Bail-Out' now here it comes the 'after-shock'... :(

even 3 European banks fell apart :eek:

p.s. Did u retire already Shazz?

some forum owners will actually make money because of the bad economy

• many people will be off of work - so, they will be online more ... click, click, click
• most retailers / businesses / etc will continue their online marketing efforts - some will even increase their online presence

about programmers..
only those who constantly promote their business in a positive manner will continue making money during these hard times

(some people actually hurt themselves with their activities)


What You Can Do

Promoting your business on vbulletin.org...

• Post Helpful Comments - your comments are a direct reflection of who you are. I lot of people are turned off immediately by negative comments.
• Create / Submit Helpful Articles - this is a great way to show people you have Knowledge - Knowledge is power
• Create / Submit Great Products - this is the best way to build a clientele and to build your brand - brand is important

Many of the high-paying Buyers and Employers do their research before hiring.
If you lack the above - you are not making as much as you could be making.

No, I now have a full time job.

wrong... we have no ability to directly promote our business on vb.org, and even if we post properly, are useful to the community and have a good reputation here, this is nothing to help our own business.

the reason is simple: the only things we can release here are free stuff any good coder can code. if you're not to do it, someone else will -- so for a job this is the same, if you are like the others, if you are not good enough for the job, they will take someone else who can do the same.

also, having a good reputation here is complicated, because you have to follow so much rules to be respected that it worth no effort to do so. most of the real coders here are good admins or at least good coders, that does not mean they will be hired for their potential... you can post a good article without being able to apply the whole thing in your job.

as we are not ranked for our efforts on the community (the "Thanks Posts" would be a ranking of it), there is nobody in the market who can rate your potential here. the number of releases have no meaning, you can have a 5 lines code downloaded 5000 times without being a chef-d'oeuvre of coding. and from what i see lately, there is a bunch of releases that are made from the clients, not the coders, and are unsupported... the clients wants to have exclusive ownership of the codes, so they release it for the image... pathetic but not new.

One of the good thing to find a good market though is to act on your own AND participate here and there... i did not gain the reputation i have only by posting on vb.org -- i received too much warnings here to be a proof of behaviorism.. lol you also have to promote yourself outside the shell and show that you're better than the others... releasing small hacks is nothing worth the effort, as from point one, anybody can do it... and if you have a team that do the job for you, it worth even less... you have to raise your head, be better, ahead of the others.

(and be prepared to answer stupid requests from people with cash)

I'm sure you'll agree with me when I say - vBulletin.org is the busiest vbulletin programming site.

Whether you believe me or now...

What you say or do here (attitude) does reflect your bottom line.

Your attitude (talking in general terms here) is a reflection of who your are and how your run things. At least that's the perception that people will see. Another way to look at it - you are the representative of your brand.

I'm not saying that you are not making money - per your business. All I'm saying is that you can make MORE money.

With a great attitude and a good plan, your job opportunities will increase.

The idea is to stand out.

If you think your 'structure' works for you then continue with that. Only YOU know what works for you.


I see similar comments a lot by other coders - comments such as these always surprise me

as a business, you should refrain my making such comments - these types of comments will cause you to loose jobs (whether you know it or not)

Why would you talk about your customers (or potential customers) in such a negative manner? As a business owner, why would I do business with you if this is how you will treat me (or possibly treat me)?

just something to think about

Dang Nexialys! you're a 'Goner' :p

I meant: from the Stock market... yesterday lost 1.2 trillion in 1 day :(

Easier said than done. What should be done, is a series of group efforts including the staff at vb.org to help us accomplish these things.

Yes, this is a great site. Yes, vb.org is the ultimate site for programming vbulletin. But now ask yourself this. The same way you said nex can do "better". Do you not see vb.org doing 100x better had they listened to the several requests made? This is all a circle people. You help us, we help you, together we help the overall vb community, everyone's happy. I don't see what's so difficult, seriously.


If it's a matter of 3rd party integrations being suspected for security exploits, i'll be more than happy to send over a copy of any of mine for full inspection. I just don't understand why oppurtunities around here aren't taken. It's the year 2008 and we're still getting the same suggestions as when vb 2.3 was around.

confused :confused:

eeeek, you should NOT rely on any 3rd party to improve your bottom line

I give up...

Princeton, you know i'm 100% with your statements, i'm just giving my own taste of the deal... lol

and yes, i may have my own insulting ways to say so -- but as i said "stupid requests", not stupid people... i have a lot of clients that come on my site and say "i know my request is stupid, but could you...??"

most of the guys here know that i'm red blooded and i can even insult them when it is needed... but they also know that we need to stand still in one entity, work together to make things work for the best for the community.

if nobody work to expand the work done here, we're cloaking the possibilities. actually, the work is focussed on the "general custom jobs on vb.org and the official work on vb.com"... but where people go for "professional custom jobs?!" they have to use google, and most of the time they fall on site where the SEO is good but the reputation is unknown. some guys say "go to vb.org and see, i'm a regular user there"... that's their only way to proove they have capabilities...

anyway, i started this thread to talk about losses and gains, not vB reputation... Princeton, you spoiled my thread... ROFL!

--------------- Added [DATE]1222791863[/DATE] at [TIME]1222791863[/TIME] ---------------

actually Princeton, you say that we have to NOT rely on vbulletin.org to improve our bottom line ?!

read your first post then...

The caught you out of guard today...

We all mean good, is just the economy who makes us fight :p

Sorry, I thought this was about money.

Anyway.. (last post - directed towards everyone)

If your business focus is on vBulletin programming (in some form or another) than improving your brand should be a priority.

My comments are merely suggestions on what you can do to improve your bottom line (with buyers / employers found on vBulletin.org).

Perception is everything..
the more "positive awareness" exist on your brand the more revenue you WILL bring in

think of it this way, 2 people with similar knowledge come to you to offer their services - the only thing they differ is how they are perceived by others (because of certain actions each have taken)

one is positive in every way possible the other is negative in tone and actions

who would you prefer?

i prefer myself.. lol

In Ireland, the government admitted we're in a recession last week.
It's only really for the construction sector, as our economy for 10 years was based around housing.

There's huge amounts of unemployment and layoffs, but I.T. is doing okay: we've got the headquarters of Google, Amazon, eBay, Yahoo, and Paypal here, and Facebook just announced they're moving here pretty soon.

We do have ridiculous wages for I.T., though.
I'm 28, an I.T. contractor, and I make $7k USD a month.
Apparently you can get more in Australia now, so a lot of people are moving there :D

84K$/y is good, i just hope there is no millions of IT in your place... i know that Ireland is a small country, you may have competition, that's why the salary is good...

anyway, in all the countries where recession is possible, the best thing to do now is to consolidate your market or job... not spend all your cash on a new project that may go nowhere...

Yeah, I definitely think that getting a permanent job is a better option right now.
But I still think that the downturn will not be as bad as everyone thinks.

Sure, companies can't get credit from banks and all, but that just means that there won't be the excessive spending that we have seen in recent years.
It will be normal, or just below normal, but not come to a complete stop.