Recession tension
Chetan Natesh
5 replies
Is an economic downturn the best or worst time to start a new business?
Replies
Fabian Maume@fabian_maume
Warmup Inbox
It depends on the type of business.
If your business will help your client reduce their cost, a downturn is the best time to launch.
If your product has a long ROI time it will be hard to sell during a downturn.
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@fabian_maume makes a lot of sense, something around commodities is actually a safe bet during down times.
@aadil_mclean There is one big reason - Funding 🤑
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