What are some of the biggest challenges you face as an entrepreneur?

[cherry123]

This should be borrowing money from the financial institutions to fund the business which this comes with high interest. if not properly managed the business will go into bad debts

 

[francofoots]

Some of the challenges you face as an entrepreneur are capital, rejection ,brands , competition and location e.t.c..

 

[cherry123]

This is why it is good to o do the research before starting a business because Some challenges will come and you must face as an entrepreneur that you are.

 

[flower]

Some of the biggest challenges we face as an entrepreneur is how to improve our business.

 

[hastral45]

Another challenge an entrepreneur may face is selling goods on credit and not getting his money back

This can't be a challenge to entrepreneurs. Because selling of goods on credit is at the discretion of the management. An entrepreneur cannot have headaches on selling goods on credit to customers that have poor credit record.

 

[Niyi Briggs]

One of the challenges that entrepreneurs face is losses. A loss can alter your entire mindset and completely discourage you. But they have to brace up and face it.

 

[Shavkat]

One of the biggest challenges we face as entrepreneurs has to do with constant supply. When supply of inputs are inadequate for your production, you run at a loss because you still have to pay staff.

I agree with you. We need to find suppliers that can sustain and provide the ordered items by the consumers. If they cannot do this, it will surely be a big problem.

 

[Chibson]

It is indeed a good plan to me. Having a team in a workplace can bring the best ideas from them. Unfortunately, some are not competent enough to be giving brilliant ideas.

Well, it is important for you to find out those who have brilliant ideas and work with them. You shouldn't try to work with people who do not have good ideas.