Is an Economic Crisis a Good Time to Start a Company?

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A lot of people who talk the talk and they're like, i want to build a start up. If you can't even commits one developer to join your team, you're not going to make it as an entra paner. It's a great time to be in investor in companies. As i always tell people, fortunes are built in the down market. They're collected in the up market. A down market is great for a number of reasons. The first reason is there's not a lot of competition. And that means competition for customers, competition for funding dollars and competition for employees and talent....

0:01 Jason previews today's Ask Jason & drops some hints about the Super Secret TWiST Slack room
2:29 Aaron asks how investors view no-code startups
6:33 Andrii asks if an economic crisis is a good time to start a company
9:52 Jesse asks if he should start trying to raise a round of funding now, or wait until this crisis passes
14:48 Juan asks how he can leverage his first committed angel investor to attract more
19:11 Marcel asks how he can use a "startup mentality" to effectively run his small private school
23:28 Matt asks how to bring on advisors and how he should compensate them
29:46 Mike asks what % of revenue a company should spend on brand & marketing
35:27 Peter asks how much diligence is appropriate for an Angel Investor writing small checks ($5K & under)
41:52 Talha asks what COVID's economic impact will be on Cloud Kitchens, UberEats, DoorDash, etc.
47:56 Ryan asks for Jason's thoughts on solving the unemployment issues due to COVID-19