Why Entrepreneurship is Hard? What’s the way out?

It’s very hard because when you step in market, you shall face competition from well established companies.

》You don’t have money to advertise.

If you are starting from scratch & invest too much on marketing, you won’t be able to re-invest.
Re-investing is very crucial in initial days.

“You have to look for affordable ways of advertising”

To reach to customers, you have to innovate.
You need to allow new ideas to shape your company.

》Monetary Problem.

It’s common to all entrepreneurs.
They are out of money after a short time.

》What’s the way out.

–>  INNOVATION

You have to figure out new ways to advertise, manage & provide your services to clients & customers.

–> Time.

It becomes really necessary to manage time when you are starting from scratch.
Since, most of the stuff is managed & taken care by you.
Therefore, it is imperative that you spend most of your time on developing your company.

( You have to manage most of the stuff by yourself as you can’t afford to hire considerable human resources.
Or seek professional services. )

–> Discipline

Without discipline, it’s difficult to take care of your company in its initial days.
A company is just like a plant that requires too much caring before it develops into tree & returns you benefit.

With Great Love,

Er. Amit Yadav
http://www.stayfoolish.in

Life is easy…☺

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