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  #1  
Old 09-29-2008, 05:38 PM
nexialys
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Default 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...
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  #2  
Old 09-29-2008, 05:50 PM
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SEOvB SEOvB is offline
 
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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
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  #3  
Old 09-29-2008, 06:09 PM
nexialys
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road blocks ?!... a tank !!
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  #4  
Old 09-29-2008, 06:33 PM
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Brandon Sheley Brandon Sheley is offline
 
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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
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  #5  
Old 09-29-2008, 06:47 PM
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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?
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  #6  
Old 09-29-2008, 06:57 PM
nexialys
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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...
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  #7  
Old 09-29-2008, 07:01 PM
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I completely agree, we definitely need to hold our end
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  #8  
Old 09-29-2008, 07:55 PM
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not me
I am Egyptian
but I think some people are generating fortunes from this
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  #9  
Old 09-29-2008, 08:43 PM
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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
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  #10  
Old 09-29-2008, 08:46 PM
nexialys
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Ouch, that must have hurt...

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