In this article, the author explains about entrepreneurship in a competitive environment. An entrepreneur must identify the challenges that he is going to face and must adopt proactive approach by determining the factors that must be taken into consideration before starting a new business. He discusses major challenges in his article including raising fund, banking and hiring.
One of the most challenging tasks of entrepreneur is to raise funds from friends and family. Other than that, the capital can be arranged from past savings and selling off the properties. But after selling properties, the author couldn't ...