Question 1: Limited funds
The first problem encountered in starting a business is capital, including insufficient savings, no real estate, liabilities, not knowing how to apply for a loan from the bank, and being unable to estimate the total capital and cost of the created industry. Although some entrepreneurs are interested in starting a business, they are often unable to start a business because of the lack of venture capital. What problems will you encounter in the initial stage of your business? The first thing you encounter when starting a business is the problem of funds. Although you can seek relevant loan channels, you must write a business plan, such as youth business loan, micro-enterprise business loan, or business loan discount. Many people suffer from late application because they don't know how to write a business plan, and they can't start a business because of insufficient funds.
Second, personal ability is insufficient.
What problems will you encounter in the initial stage of your business? What I mean here is the lack of leadership, coordination and communication skills, planning skills, financial management skills, decision-making skills and entrepreneurial personality traits. Although some people have the idea of starting a business, they have been hovering between employment and starting a business, both wanting to start a business and worrying about the risk of failure.
(1) Always hesitating, without the determination to make a final attempt, you can't make up your mind to start a business, and it is naturally difficult to realize your dream of starting a business without positive results. The role of starting a business, from employees to bosses, must also be adjusted accordingly. The boss's abilities, including leadership, communication and coordination, supervision and management, must shoulder the full responsibility for success or failure, and change from a led role to a leading role. Unlike being an employee, you just need to do your job well.
(2) Put in more efforts and energy than when you were just an employee, you must go all out and abandon the mentality of pure investment and management. The boss's personal investment will definitely be higher than that of employees, so he must be persistent and not afraid of setbacks. But some entrepreneurs, although interested in starting a business, don't know which industry to choose. At the same time, I am worried that I am not suitable for this industry. I am deeply afraid, in order to open a shop, I have to look at the shop every day. Is it too hard for people who have never opened a shop to stop?
Third, lack of professional knowledge.
Lack of market understanding, lack of professional skills, lack of qualifications, lack of training, lack of required permits, do not know how to write a plan. The lack of professional knowledge is an important key factor that leads many people to fail to realize their entrepreneurial dreams. Many people have the idea of starting a business because of their lack of professional knowledge in the created industry, but they don't know how to start because they don't have technology.
These points may be the most common problems encountered in the initial stage of most ventures. These problems may not be very important to many entrepreneurs, but they are the most critical problems that affect the success of entrepreneurship. If you want to start a business, you need to know all kinds of problems that may arise in the process of starting a business and take countermeasures.