Why is it getting harder and harder to succeed in entrepreneurship?

Updated on society 2024-07-10
5 answers
  1. Anonymous users2024-02-12

    Because with the passage of time, the market has gradually become saturated, the market competition has become increasingly fierce, and the difficulty of starting a business has gradually increased. There are several reasons why it is becoming more and more difficult to succeed in starting a business:

    First, the market competition is fierce

    With the development of the economy and the acceleration of globalization, the competition in the market has become extremely fierce. Not only the domestic market, but also the international market is becoming more and more competitive. In this environment, it is difficult for emerging companies to gain market share and brand recognition.

    Second, the shortage of funds and talents

    The capital and talent needed to start a business are very important. However, for many entrepreneurs, funding and talent are often difficult to obtain. Especially in times of economic downturn, investors and financial institutions will be more cautious and will not easily invest money in emerging companies.

    Recruiting high-level talent can also be very difficult for many startups. In a highly competitive environment, talent has a very high value, and they have more options to choose to develop in large companies or other competitive start-ups.

    3. Entrepreneurial mentality and ability

    Starting a business requires not only experience and skills, but also a good mindset and ability. Many entrepreneurs are prone to anxiety and loss when facing difficulties, which will have a negative impact on the development of the enterprise. Many startups lack industry experience and business understanding, making it difficult to conduct in-depth analysis and judgment of the market.

    Fourth, personal experience

    I once tried my hand at entrepreneurship and started my own entrepreneurial journey while in college. At that time, a few of my classmates and I wanted to create a social platform to meet the needs of better communication and interaction among college students. After months of development, we finally launched our platform on campus.

    However, despite the support of many users at the time, our platform faced many problems, including a lack of investment, high competition, and difficulty in sustainable growth. Eventually, our platform shut down after a year or so of operation.

    In the process, I deeply realized the difficulty and risk of starting a business. Starting a business requires not only adequate preparation and planning, but also adequate resources and financial support. Entrepreneurs need to overcome a variety of challenges, including market competition, customer needs, management teams, financial issues, and more.

    Even if you have made all the preparations, there is a chance that you will fail due to various uncontrollable factors.

    In addition, the success of entrepreneurship also has a lot to do with the background of the times. Now, the development of technology and the popularization of the Internet have made the threshold for entrepreneurship higher. Competition is fiercer, markets are more complex, and consumer needs are becoming more diverse.

    All these factors have put forward higher requirements for entrepreneurs, making it more and more difficult to start a business.

  2. Anonymous users2024-02-11

    Many people want to be their own boss, and don't want to help others work to see their faces, but how difficult the road to entrepreneurship is, the number of failures is countless, and there are many factors that make it more and more difficult to succeed, I think the most important ones are the following aspects.

    1. Poor psychological resilience

    In fact, to put it bluntly, it was too good to think about in the early stage, and when I really did it, I realized how difficult it was, which was contrary to the ideal. I believe that many people are full of confidence when they first start their business, thinking that they can survive the most difficult stageBut the cruelty of reality will teach you a serious lesson, so that you have no motivation to persevere, and you can't bear the pressure in your heart, you will feel that you don't know when it's a head, you can't see a way out, you want to stop losses in time, and the road to entrepreneurship has not reached a third before it comes to an abrupt end.

    Second, the capital turnover is difficult

    This is one of the biggest obstacles in the entrepreneurial stage, and capital turnover is really, really important, and can even directly determine your success or failure. Many people don't have much savings when they first start a business, and they want to take the money to fight, but when they really implement it, they find that there are more places to use money than they expected.

    I also started a business a few years ago, when I partnered with a friend to open a cosmetics store, the two of them planned very well, the capital arrangement was clear, and set aside 20,000 yuan to turnover, but really put all the things in the store to find that there was no money left, opened a few months of business in general, the landlord is ready to urge the payment of rent every month, and the water and electricity bills are also an expense here, and the store can only be closed for less than a year, and finally there is a little debt.

    Third, the strength is weak, and there is no connection

    This is also a very important factor, if there is a familiar peer to take you, will let you take a lot of detours, if you only know a little about this aspect, a person is groping, do not know what the problem is, want to start a business to pull business, do not know the business people can not trust you, not even a recommender, why should people abandon the original partner and choose you, if you have a network of powerful friends and relatives, the other party to help you introduce it, then the effect is immediately different, People can't trust you, but they can trust your powerful friends and relatives, and they are willing to give you a chance for the sake of the other party's face, which is the importance of connections.

    Fourth, the industry involution

    Now there are a lot of elites in all walks of life, and they are becoming more and more involuted, many industries have been done better, you do well, people can do better than you, and the cost of cooperation is lower than yours, so what do you take to compete with others, and now almost all industries are involved, there are also some industry rules that you don't know, more and more involution at the same time the competitiveness is also extremely fierce.

    The above is my opinion on working outside for so many years, and there are many other factors, no one can succeed casually, the key depends on whether you can hold on and whether you choose the right direction.

  3. Anonymous users2024-02-10

    Everyone doesn't want to work, everyone wants to be their own boss, but now it's getting harder and harder to start a business, and only one or two out of a few hundred people can start a successful business. Here are a few of my own thoughts on why it's getting harder:

    1.There is a lot of financial pressure and financing difficulties

    Whether you are doing first-class products or engineering services, you need to advance a part of the funds yourself. For young people who are just starting a business, if you don't have any assets, the bank won't lend you money. And due to the repeated impact of the epidemic, it is even more difficult for loans to come down.

    2.The cost of water and electricity is too expensive

    If you are in the real economy, rent, water and electricity are very expensive, and after deducting labor costs and other costs, you will not make much money, and you may even be in debt. If you want cheap rents for utilities, then at least get away from the city and get to the suburbs. But the amount of ** in this kind of place is very small, if you want to open a bubble tea shop or something, it is impossible to open it in a place with few people.

    So rent, water, electricity, and labor are another big expense. I have a friend who just opened a bubble tea shop, but he didn't open it here because the rent was too expensive in the city center. It was opened in a relatively remote place, and the children in the community were served, coming and going, but those few people didn't make any money at all, and they still posted it upside down.

    **Internet. 3.Monopoly of giants

    In fact, many industries have been quietly monopolized by giants, and there is no opportunity and survival space for small and medium-sized enterprises to develop. Unless you do the alliance of these companies, but as we all know, most of the alliances are not profitable, and in the end they are still working. Therefore, the reason why the monopoly enterprises should be fined later is to give small and medium-sized enterprises the opportunity to develop.

    **Internet. 4.Margins are too low

    With the rapid development of the Internet and the increasing transparency of confidence, there is a world of difference between a commodity and multiple platforms. Everyone shop around and choose the cheapest order. In order to make the best money, merchants have to desperately reduce prices, and they are counting on competing for competitors.

    Originally, there was no profit, and it was impossible to make any profit after pressing, and after a wave of price reduction, a large number of shops were closed.

    5.Connections

    Entrepreneurial connections are an indispensable resource, and it is almost impossible to start a successful business on your own. But how can it be so easy to make connections, most ordinary people have no way to know any connections, which leads to confusion when they open a store, and they can't afford to pay if they are not on the right track.

    These are just some of the reasons, but there are many more. In short, now in the general environment, it is becoming more and more difficult to start a business, and there must be an accumulation of capital to start a business, otherwise it will be even more difficult.

  4. Anonymous users2024-02-09

    Ben Horowitz, the best angel investor in Silicon Valley, once summed up his entrepreneurial years in this sentence, saying: "In the more than 8 years of being CEO, only 3 days were good, and the remaining 8 years were almost all difficult." Countless entrepreneurs have told us from their own experience that difficulties, struggles and risks are the background colors of entrepreneurship.

    So, I plan to start a business in 2020.

  5. Anonymous users2024-02-08

    Many people think that starting a business is difficult, but in fact, it is difficult.

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