How can entrepreneurs overcome the challenge of limited resources?
Limited resources are a common challenge for startups and small businesses. Entrepreneurs can overcome this by being resourceful and maximizing the use of available assets. Outsourcing non-core activities and leveraging freelancers can be cost-effective strategies. Additionally, adopting a lean startup approach, which focuses on developing a minimum viable product (MVP) and iterating based on customer feedback, can help in conserving resources while validating the business idea.