Since IMF is formally announced we are in a recession, a tough time is here. They also mentioned that this one is going to be worst that 2007. I am sure time will tell us more about it.
But in the current scenario, things are messy. We are all indoors, everything is shut and the government is putting all it can to keep people’s life in priority.
Everyone will be harmed by recession including startup. I remember AB, my boss at Minio telling me: companies die when founders give up.
So if you are married to your idea, a startup you will do everything it takes to survive in this tough time. Hang in tight and this will pass.
As a founder one has no luxury to cry. You have you lead as a captain of star fleet from the front in the uncharted territory.
If running a startup was easy everyone would have been building one.