What are the Challenges of Tech-Driven Entrepreneurship?
While technology offers numerous advantages, it also presents unique challenges:
High Initial Costs: Developing and deploying advanced tech solutions can require significant upfront investment. Technical Expertise: Entrepreneurs need access to skilled personnel who can develop and manage tech solutions. Rapid Evolution: The fast pace of technological change means that entrepreneurs must continually adapt to stay relevant. Regulatory Hurdles: Navigating the legal and regulatory landscape for new technologies can be complex and time-consuming.