What are the Challenges Faced in Entrepreneurial Activity?
Entrepreneurs often encounter several challenges, including:
Access to Funding: Securing initial and ongoing funding can be challenging, especially for new ventures that lack a proven track record. Market Competition: Competing with established players and differentiating the product or service in a crowded market. Regulatory Hurdles: Navigating complex regulatory environments and ensuring compliance with local and international laws. Talent Acquisition: Attracting and retaining skilled employees who are aligned with the company's vision and culture.