Entrepreneurs often face several challenges in the wealth creation process:
- Funding: Securing sufficient capital to start and grow a business is a common hurdle. - Market Competition: Navigating a competitive landscape requires differentiation and strategic positioning. - Economic Factors: External economic conditions can impact business performance and growth prospects. - Regulatory Environment: Compliance with laws and regulations can be complex and costly. - Talent Acquisition: Attracting and retaining skilled employees is crucial for business success.