Starting a Business Looks Drastically Different in 2024
Hindsight is 2020
I don’t mean “hindsight is 20/20.” I’m talking about the year 2020.
See, early in 2023, I wrote an article about starting and growing a business in 2023, and in that article I referenced this very same seismic shift in startup dynamics — a shift that, no surprise, began all the way back with the pandemic in 2020.
That’s the tricky t... See more
I don’t mean “hindsight is 20/20.” I’m talking about the year 2020.
See, early in 2023, I wrote an article about starting and growing a business in 2023, and in that article I referenced this very same seismic shift in startup dynamics — a shift that, no surprise, began all the way back with the pandemic in 2020.
That’s the tricky t... See more
Joe Procopio • Starting a Business Looks Drastically Different in 2024
How startups changed since 2020:
-Consumer fell out of love with technology
-Business & Venture OverIndexed on AI
-Money went from Tight to Scared
What’s happening now:
-self founded, funded & reliant
-Profitable out of the gate
-solving problems and building with slower burn rate
-Innovating strategically alongside technical innovation
How do generalists help? Taking a broad approach gets you further faster