The startup risk

In normal times, everyone who signs up to join a startup knows that the risk is failure is very high. For better or worse, that risk seemed to have disappeared during 2020 and 2021 as startups were able to continually raise capital to stay afloat. We’ve now gone back to the normal times and that risk is perhaps never been higher in the last 10 years.

When I joined Secfi in 2018, I came in thinking and knowing that this was more likely than not to fail, purely just on pure percentages and odds. We’ve luckily have been going for 5+ years since then and we have no plans on stopping anytime soon. Still we are a startup and that risk still always runs much higher than working at a much more established business.

The good news about this is that the higher the risk, the higher the reward. A lot of people who are at a startup or have been may not want to stick it out through the bad times. Those that do and are able to make it out will reap the rewards.