What Are Common Challenges in Entrepreneurship Practice?
Entrepreneurs often face several challenges, including:
Funding: Securing adequate financial resources to start and grow the business. Market Competition: Competing with established players and new entrants in the market. Talent Acquisition: Attracting and retaining skilled employees who align with the company’s vision and culture. Regulatory Compliance: Navigating complex legal and regulatory requirements. Work-Life Balance: Managing the demands of running a business while maintaining personal well-being.