Almost every entrepreneur will at one point in their lives be faced with these very clear challenges, when these mentioned challenges hit an entrepreneur, it is either the entrepreneur faces the challenges and comes out stronger and better or the entrepreneur gets too discouraged to continue striving therefore giving up on the journey completely.
Self-doubt is a strong reason why so many entrepreneurs do not see the lime light, the doubt about either the business is going to succeed or not or the fear of not getting the desired result out of the business. At certain critical periods in the life of an entrepreneur, that fear will definitely arise and it is almost certain for that to happen.
The absence of resources is another common experience for entrepreneurs, entrepreneurs often get to a point in their lives when the resources just never seem to get enough, they want to achieve more and make necessary expansions which is always not as easy as it sounds.
The absence of support from friends and families is one great weakness for start for entrepreneurs and every entrepreneur must be ready to face this at some point in their lives or another, since family members and loved ones usually want the best for us they are usually particular about our comfort, entrepreneurship is not a comfortable venture at the beginning so our friends and loved ones may frown against it.
Trying to evolve with new technologies as they come up is really tasking for entrepreneurs and staying updated all the time might not come with ease but as an entrepreneur it is one of the challenges that needs to be defeated if we must remain in the game.
Multitasking is a very crucial aspect of the entrepreneurial journey, you either want to multi task or have a lot of lapses shown in the business. It might not be easy to multi task but it is one aspect of an entrepreneurial life that must not be ignored because it will certainly occur as the entrepreneurial race goes on.
There might be a sudden industrial change which may take its toll on your own chosen business pattern, things like this are sometimes inevitable for an entrepreneur and as you move on in the entrepreneurial world it is a necessity to get ready to face it and strategize on how to navigate everything.
Get prepared to pay taxes, taxes will always be present and if the tax is not amongst your budget then it will come unawares and it will pose a serious discomfort, these and many more will happen as you go along the entrepreneurial journey.
Hello friend, I agree with you, challenges will always be in our lives, we just have to have the necessary tools to cope with them. I think you raise the most common, the fear we feel for not believing in ourselves is very frequent, and I include myself, sometimes we do not know all we can achieve with just a vote of confidence in our person.