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Difficulties faced by entrepreneurs and ways to overcome them

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An entrepreneur has a difficult path to tread, a path that is full of challenges and hardships. Here are few troubles along with their solutions that every entrepreneur faces and has to overcome.

It is said as per the studies that entrepreneurs are mostly affected by depression and anxiety. Having a rigorous daily schedule and tons of burdens heaving on their shoulders, entrepreneurs are most likely to be affected by depressive moods. The best and most effective way to overcome continuous sadness is to be with people who love and support you. These people will be there for you when you are down and help you get back on your feet.

Sometimes overestimating one’s growth or financial turnover can be equally challenging. Many a times we see other entrepreneurs and judge our own business as per their strategies and sales growth. No two companies are alike. If one company has gained a million in a year then it is not necessary that you will do the same.

Focus is an issue to young businessman. Sometimes entrepreneurs do not know where their focus should lie and try to please everyone. Every startup must have a target audience. Know who your clients are and what they want. Also see what is needed in the market, how much is the present rate and how to sell the product to your customers.

Difficulties faced by entrepreneurs and ways to overcome themEvery startup has a purpose and when the purpose is lost then the startup loses its existence. Most entrepreneurs start their own business because they want to do something of their own but if they lose passion then the long hours of work, meetings, researches, conferences will all lose their value. Thus doing something that you are passionate about is extremely necessary. The more you love your work, the more input you would be able to give into your company. Energy and enthusiasm will come from passion and purpose.

These basic challenges haunt each and every entrepreneur and it is up to them to overcome and move forward.

Engineer by chance and writer by choice.. Reading is one of the basic necessities that keeps me alive.. Engaging and easy to get along with..I love making creative doodles and cartoons

  • Shinoj Shayin

    nice one.. employees who works at higher hierarchy in a company should find a way to transfer this enthusiasm and passion to there junior employees so they can be more production and efficient

  • Pramod

    Ok, let me come out and just say it, I have read all your articles on startup, I appreciate your efforts discussing various issues on startup but your content is just hollow without any concrete take-aways. It reminds me of my engineering days when i used to fill up pages on questions i din actually understand. It seems you don’t have experience with startups and investors yourself. As suggested above in your article stick to what you know the best. But it amazes me how confidently you write. You should really try writing fiction. Good luck !

    • http://www.startcup.in/ Niranjan Yadav

      Thanks man! Unfortunately I am a dropout and never got a chance to do my engineering. [Hollow] is our content, as hollow is my career. Your luck was much needed #Cheers