Is it the wrong time to start a business, considering the current state of the world?

Interested in hearing your thoughts about starting an online business, or any business for that matter, in 2022.

Maybe I’m being naive but with the current world state, is it really a worthwhile time to start a business?Globally, we’re dealing with record levels of inflation, rising fuel costs, supply chain issues, political and climate issues, unemployment etc. I’m sure these factors trickle down to the consumer market level as well, no?

When everyday necessities are becoming increasingly unaffordable for regular consumers, will they be going out of their way to buy niche, non-essential products and services? With how things are going right now, I feel incentivized to save my dough and cut back on random spending and I feel like most people are in the same boat.

Curious to hear your thoughts!

submitted by /u/-CuriousApe-
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