Entrepreneurship · Inspiration

What were/are your biggest challenges as a first time entrepreneur?

Deepinder Singh Thinker

May 18th, 2017

Leaving your comfort zone and a fixed salary, to venture into the world of unknown, what according to you were the toughest challenges, situations you faced, or the toughest decisions you made?

Andrew Smith Meging AI with Live Entertainment

Last updated on May 18th, 2017

Discovering the importance of having a good partner.

Anonymous CEO, Director of Education, Senior Education Consultant

May 18th, 2017

Negativity of people inc family that why why why? It is almost they did not want you to succeed. They were waiting for you to fail. At some point i decided to venture away and never looked back. Always believe in yourself no matter where life takes you.

Agatha Oturi Founder of intrinsic falconry fashions ,a fashion design and entrepreneur base in Nairobi Kenya

May 18th, 2017

Uniqueness is what differentiate one from the rest and gives you a personal identity. Attaining this has been the most difficult thing to present. We tend to imitate others so as to have security of " doing this how they are suppose to be done to guarantee success"

Sudeep Bhatnagar I develop apps, talk apps, live apps.

May 18th, 2017

Well I started this app development company Agicent back in 2010, and the biggest challenges were at both personal and business ends, and the latter ones are most important. They range from team building to initial financing, then sales, then first office space, and now everyday things. Challenges never end anyways, you win one and the next ones are already in the line.

A good thing aspect of my business so far is that even our customers are mostly startups and early entrepreneurs, and it offers a great opportunity to us also to keep learning and inspiring upon.

Despite all challenges and opportunities, its been a fun journey so far , its what we chose to be in, it's entrepreneurship!

Alex McLintock Techie, Software Dev, Contractor, Big Data

May 18th, 2017

Being an entrepreneur later in life meant that I had gotten into a mindset of "being a techie". that was what I did. Almost everything as an entrepreneur required me to unlearn that pattern of behaviour. I was not just a techie - I was guiding other techies and finding the resources to keep them going.

Olatowun Candide-Johnson Former corporate lawyer, now luxury lifestyle guru

May 20th, 2017

Entering a whole new world. The most scary thing is probably the fact that my vision is by far - much bigger than me - Passion and determination is keeping me going. Entering into financial commitments is another pretty scary scenario.....

Ansar Hafil Business Consultant at Winning In Business

May 18th, 2017

Making sure your target audience is aware of your solution (product and/or service) and it is communicated to them so they see it as a solution in response to their problems, goals, needs and challengers.Â

roberto dimayuga Marketing and Business Coach and Digital Marketing Certified.

May 19th, 2017

There are many challenges that face new entrepreneurs: 1. know and understand the journey from being self-employed to a full fledged entrepreneur 2. realize that business ownership is a profession... and that all professions need education 3. business owners needs a co-founder so that there will be accountability 4. a business owner should be able to bring the business to the level where it operates profitably without him 5. and many, many more

Rob Hirsch Traveler, nature lover, & entrepreneur

May 21st, 2017

Finding my market. There are so many marketing tactics to reach a person, it's hard to find the first foothold that you can put some money into & yield leads. Complicating this is that everyone else has access to those same marketing tactics, so you have a lot of competition for a person's time. It requires a lot of testing too. For example:

  1. Identify a tactic to try, build your first campaign, & start.
  2. Wait a week then measure results.
  3. Unless it met your goals, split or multivariate test your campaign, then retry.
  4. Repeat until you reach your goal or decide this tactic doesn't work for you.

You have to do this for several marketing tactics concurrently, the whole time spending money. It tests a founder's bank account, creativity, & enthusiasm.