Several factors can hinder an entrepreneur’s ability to adapt:
Resistance to Change: A mindset that resists change can prevent businesses from embracing new ideas and innovations. Lack of Market Research: Inadequate understanding of market trends and customer preferences can lead to poor decision-making. Poor Leadership: Leaders who are inflexible or lack vision can stifle a company’s ability to pivot and grow. Resource Constraints: Limited financial, human, or technological resources can impede a business’s ability to implement necessary changes.