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Ketan Sojitra SMEDOST
•
Gujarathi Empire Group • 3m
Every startup founder knows from the outset that there are going to be obstacles. But sometimes, they can still surprise you — whether that’s because you just didn’t anticipate them, you’re unsure of the best way to respond, or you don’t yet have the resources you need to address them properly. Startup challenges: What they are and how to overcome them Startups arguably face more challenges than any other business - particularly in the early stages of development. Whether its funding, hiring the right people, or reaching enough of the right customers through sales and marketing, every startup will face obstacles that (on the surface) can seem like an uphill struggle. Here are some of the main issues to watch out for, with some top tips on how to address them when they arise. 11 challenges startups face • Challenge #1: Money • Challenge #2: Neglecting marketing and sales • Challenge #3: Lack of planning • Challenge #4: Finding the right people • Challenge #5: Time management • Challenge #6: Your founders • Challenge #7: Scaling up • Challenge #8: Your comfort zone • Challenge #9: Competitors • Challenge #10: Poor management • Challenge #11: Lack of mentorship
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