While early engagement in entrepreneurship offers many benefits, it also comes with its own set of challenges:
Lack of Experience: Young entrepreneurs often lack the experience needed to navigate the complexities of running a business. Limited Resources: Access to capital and other resources can be a significant barrier. Balancing Education and Business: Managing both academic responsibilities and a business can be overwhelming. Risk of Failure: The high risk of business failure can be discouraging, but it’s important to view failures as learning opportunities.