Does cost of living crisis affected your entrepreneur journey?

Question

For me unfortunately I lost few good people working with me on the ecosystem that we are building and had to find the replacement. It's always hard especially when you working with someone for a long time.
Has your business been affected in a similar way?

Michael Stan · Accepted Answer

@deniz_savkay The most important is that you are still going! Good luck!

Michael Stan · Answer

@sheikh_umair1  SORRY TO HEAR THAT

Tyrone Robb · Answer

Yes, we are developing a tool to help teams be more productive and individuals to validate their business ideas (without overusing AI)

Answer

Yes, the cost of living crisis can significantly impact the entrepreneurial journey. Entrepreneurs often face challenges related to funding, resource allocation, and operational costs. In a high-cost environment, entrepreneurs may encounter difficulties in securing affordable office space, hiring talent within budget constraints, and managing overall business expenses. Navigating a cost of living crisis requires careful financial planning, innovative business models, and adaptability to economic conditions.

Answer

lost of my entire team ALAS!

Deniz Savkay · Answer

Yeah unfortunately. We had to mointor costs of living significantly for our startup to remain resilient

Does cost of living crisis affected your entrepreneur journey?

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