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by adam_fallon_
2286 days ago
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I left work due to burnout and wanted to try my hand at doing something creative - creating a new product. Had some time set aside for travel before I started, but then this all happened. Could not have picked a less convenient time to try and travel and make money off SaaS / AppStore. I remain optimistic and am expecting to learn so much more than I would have in the more comfortable market we are now leaving behind. To health and family first though. |
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During these times when people are getting RIF'd (Reduction in Force), they're understandably panicked, nervous, in shock, etc. Most employees are not thinking of what service or product they can cobble together and bring to market, but how to swiftly rejoin the job market.
This leads to a shortage of new startups spinning up as well, because the economy has gone to the dumpster. Good times, bull markets and strong economies make everyone feel more confident. Who wants to gamble when the world is going to hades in a handbasket? Not a lot of people.
Then there's the cost factor. My experience during past financial implosions, demand for everything plummets. I get the idea we're living in more of a robber-baron era than even just 5 years ago, but still, you'll be able to negotiate everything from office rents to infrastructure, salaries of new hires, hotels and airfares for business travel.
Obviously, I am going to throw my hat into this ring for these very reasons. Good luck and good day!