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Tuesday, 9 February 2016

40 Wild Challenges of Entrepreneurial Adventure

It is fun to be an entrepreneur. Every minute of your adventure you are facing, battling, wrestling, crushing, chasing, and liquidating any of the following problems:
  1. Stagnated growth;
  2. Decreasing sales;
  3. Diminishing margins;
  4. Falling profits;
  5. Loss of key customer;
  6. Negative publicity;
  7. Unmotivated employees;
  8. Rigid bankers;
  9. Staff turnover;
  10. Low staff productivity;
  11. Resource wastage and misuse;
  12. Taxman and other government agencies;
  13. Price undercutting;
  14. Fatigue;
  15. Burnout;
  16. Expensive marketing;
  17. Difficulties in attracting great talent
  18. Decreasing Returns on Investments
  19. Lack of new ideas
  20. Bad debts
  21. Customer complaints;
  22. Poor service from suppliers;
  23. Too much to be done now;
  24. Idea Overload
  25. Cash flow problems
  26. Overdue bills;
  27. No time;
  28. Shrinking market share;
  29. Tracking performance;
  30. Strategy not working;
  31. Aggressive new entrant;
  32. Missed targets
  33. Stock that is not moving;
  34. Obsolete technology;
  35. Crowded Market;
  36. High blood pressure;
  37. Relationship challenges;
  38. Too many opportunities;
  39. Disengaged employees;
  40. Too much money.
The good thing is that each of these challenges has its opposite and equal beauty. Every one of them makes an entrepreneur either a better person or a grumpy one.
What do you think?

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