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Would you start a business right now

Posted on 7/31/21 at 11:27 am
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
14901 posts
Posted on 7/31/21 at 11:27 am
If you had a solid business plan, partners and money lined up before all this variant wave bullshite, would you pull the trigger right now with more lockdowns looking increasingly likely by the day?

I’m ready to put the plan on hold for a year or back out altogether if partners insist on going forward.

Am I over-reacting?
Posted by OldmanBeasley
Charlotte
Member since Jun 2014
9723 posts
Posted on 7/31/21 at 11:28 am to
Don’t be scared, go ahead and start the only fans account
Posted by AmosMosesAndTwins
Lake Charles
Member since Apr 2010
17890 posts
Posted on 7/31/21 at 11:28 am to
Kinda depends on the business, hoss.

quote:

variant wave bullshite


Let's hope it’s not healthcare.
Posted by UndercoverBryologist
Member since Nov 2020
8077 posts
Posted on 7/31/21 at 11:30 am to
I’d start a biotech company right about now.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65974 posts
Posted on 7/31/21 at 11:31 am to

Where? What?

You know, thread details.
Posted by High C
viewing the fall....
Member since Nov 2012
54043 posts
Posted on 7/31/21 at 11:32 am to
You may never start your business, then. Have you seen what’s been going on for the last year and a half? I don’t see it ending anytime soon.
Posted by auggie
Opelika, Alabama
Member since Aug 2013
28218 posts
Posted on 7/31/21 at 11:33 am to
I was thinking about starting a pawn shop, seems like it may be a good time for that.
Posted by boddagetta
Moulton
Member since Mar 2011
9999 posts
Posted on 7/31/21 at 11:34 am to
Are you waiting until the time is right?

What are you waiting for?
Posted by Yewkindewit
Near Birmingham, Alabama
Member since Apr 2012
20095 posts
Posted on 7/31/21 at 11:46 am to
Depends on the business. Any sort of delivery business may work but fuel prices would eat into a profit.
Posted by MMauler
Member since Jun 2013
19216 posts
Posted on 7/31/21 at 12:11 pm to
I certainly wouldn’t buy a piece of rental property.
Posted by Ed Osteen
Member since Oct 2007
57531 posts
Posted on 7/31/21 at 12:45 pm to
I would delay
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35620 posts
Posted on 7/31/21 at 1:14 pm to
Without knowing what it is it's hard to say.

What I can say is that we have blown our 2019 and 2020 numbers out of the water already. At least in our sector it is a boom economy.
Posted by BayouBengal23
BR
Member since Mar 2019
574 posts
Posted on 7/31/21 at 1:21 pm to
Need advice regarding this subject from the OT elite. I have a solid business idea, business plan, numbers, and data to prove good results. Next step is talk to a bank and get the SBA loan for about 400-500k. The only issue is they need 20% down. And I don’t have 100k lying around. What are the options here
Posted by turnpiketiger
Southeast Texas
Member since May 2020
9559 posts
Posted on 4/27/22 at 12:31 pm to
quote:

more lockdowns looking increasingly likely by the day?


Based on what? I’ve seen nothing to even remotely indicate this. I would love to know where you are getting your info. Sounds made up.
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