Three Main Challenges That Entrepreneurs Face
Over 627,000 new businesses open every year, but only slightly more than half make it past the five-year mark. Becoming an entrepreneur and building a startup company from the ground up comes with a myriad of challenges and unforeseen choices that can radically alter the path a startup takes. Here are a few of those challenges and how to overcome them to help you succeed in growing and scaling your new business. 1. Making Your Company Known One of the biggest issues that new entrepreneurs face is getting the word out about their product or service. Those who have already been working in their industry for several years may use referrals and word-of-mouth to win new clients. But if your goal is to scale into a larger company or organization, you’ll need to put more ef...
