What Challenges Do Entrepreneurs Face with Disruptive Solutions?
Despite their potential, disruptive solutions come with unique challenges:
Resistance from Established Players: Incumbents may resist change and use their resources to maintain market dominance. Regulatory Hurdles: New business models often face regulatory scrutiny and may need to navigate complex legal landscapes. Market Acceptance: Convincing consumers to adopt a new solution can be difficult, especially if it requires changing long-held habits.