How To Be A Risk-Taking Business In A Hunker-Down Economy

Things are tough out there for many businesses right now, and they may be getting tougher. The “R word” is on everyone’s lips, although many are reluctant to speak it. Not the World Bank, though: It started 2023 with the dire prediction that a global recession is at hand.

It doesn’t matter whether you occupy a B2B, B2C, DTC, or any other business category. When consumers pull back on spending, companies are forced to do so as well. There’s a tendency to draw inward during hard times with the hope that you can simply ride them out.

Yet history has shown that the intrepid can not

→ Continue reading at Forbes - Startups

More from author

Related posts


Latest posts

Why These 6 Bad Habits are Putting You Behind

Let’s talk about bad habits. No, not the hit song released by superstar musician Ed Sheeran. We’re talking about the little things you do...

Save $93 on This Mini AI Robotics Arm and Software

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may...

These are Trader Joe's customer's favorite items | CNN Business

New York CNN  —  Trader Joe’s asked its customers a simple question: If you were to spend the rest...