The NASDAQ is down over 30% from its high. Interest rates are rising. It’s only inevitable that the economic environment is going to affect your early stage startup.
How? Well, customers may not want to take a chance on buying from you because they’re worried you’re going to go out of business. Raising that next round of funding might take much longer than you expect. And don’t expect the terms to be great because the easy money is gone.
I’ve survived several major economic downturns including successfully navigated my company through the Great Recession of 2008 and 2009. In today’s video, I’ll share with you a simple three step plan to get you through the tough times.
I hope you like it.