Probably, one of the best ways of being competitive in business is learning from those who are already in it. That way you can know strategies to follow.
What is the greatest fear for entrepreneurship?
- Thread starter Mikky
- Start date
Yes having a mentor will help they will help point you in the right direction to avoid future mistakes
Probably, but the truth is that you cannot totally avoid mistakes. Even if you have a mentor you will make some mistakes at some point.
Suffering from loss is definitely one of the worst fear. Some entrepreneurs may also have a harder time coping with future plans.
Every businessman is afraid of losing. That's why it's very important never to Invest all your money in a particular business venture.
The greatest fear of an enterpreneur is the inability to confirm if the business will truly succeed or not.
Yes! It may be economic downturn, competitors have advantage over them, losing good contracts, increased expenditure etc. An entrepreneur is afraid to fail and it makes him to be in constant pressure to succeed.
The greatest fear of an entrepreneur is failure.
I think there is no business that is hundred percent sure of succeeding. But there is some level of optimism an enterpreneur can have.
The thing that I fear most about my business is not being able to find customers to buy my products. With the nature of my business, it is a very serious and genuine concern.
It is those external factors over which an entrepreneur has no control can adversely affect their business - climate, government interference, competitors are some factors
My greatest fear this this time is the prices of ingredients of my milk tea business. The prices is doubling. How could I sustain?
