I want to start a business but I am nervous about the current state of the economy in the US. I know that there are often opportunities in every type of economy and certain types of companies can still flourish, but if the risk for failure is much higher then I’d rather wait.

I am unsure what to do because I don’t want my fears to rule my decision making here. Is this a bad time to start a business in the US?

  • nekosama15@alien.topBEnglish
    1·
    10 months ago

    A lot of people here are optimists simply cause it’s in our nature as entrepreneurs to find a silver lining. Kind of how when the stock market crashes and we see a way to make money shorting buying puts etc.

    But I can understand your asking for a general sense. And to that your intuition is correct it is a bad time.

    That doesn’t mean you should not do it. Depending on your idea it could have next to no effect on your success or failure.

    But I’m not going to tell u yes when I have over 60 business owners on my contacts list and not a single one is doing better than they were a year ago. 🤷🏻‍♂️ I’m an optimist not a liar.