Chapter
Starting a Business During a Recession
31:51 - 35:51 (04:00)
With the current economic uncertainty and market crash, starting a business may be tough, but history has shown that great businesses have started during recessions. Additionally, with fewer startups, there may be less competition.
Clips
Starting a business during a recession can be tough due to uncertainty and there being fewer startups in general.
31:51 - 35:13 (03:22)
Business/Recession
Summary
Starting a business during a recession can be tough due to uncertainty and there being fewer startups in general. However, it can also mean less competition and if the opportunity presents itself, take the money to start the business even if the terms are not the best.
ChapterStarting a Business During a Recession
Episode#58 - How To Navigate The Upcoming Depression
PodcastMy First Million
The lack of liquidity in markets, triggered by reduced demand in buying, is hindering the ability of startups to gain funding.
35:13 - 35:51 (00:37)
Startups
Summary
The lack of liquidity in markets, triggered by reduced demand in buying, is hindering the ability of startups to gain funding. This lack of government support unlike in other market spaces, is putting startups in a tricky and stagnant situation.