Isn’t a high-interest rate environment conducive to starting a startup?

Let’s walk through this together, so you understand, ok? All businesses have to do 2 very specific things in order to be successful long term. Sell a product or service and then, keep the associated costs of those activities as low as possible.

If interest rates are high, it usually means prices are rising and general inflation is occurring. People’s dollars don’t buy as much.

With regard to costs, high rates will cost you more to borrow, you will pay high sugar, oil, and other expenses..

So… are higher rates better for a startup of worse? Night and day they are terrible

Leave a Comment

Your email address will not be published. Required fields are marked *