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    13 December 2012

    It’s no surprise that people want to be their own boss. Starting your own business gives you the freedom to call the shots and not have some overzealous manager — or art director — peering over your shoulder all day, telling you how your job should be done. But, starting your own business is a daunting task. Entrepreneurs face a myriad of challenges today in trying to get their business off the ground.

    The wisest of entrepreneurs has laid in bed at night, wondering if they’ll ever see the fruits of their labor — or if they’ll have to leverage their home as collateral to realize their dreams. But, getting advice from people who’ve walked in their shoes before can have a remarkable impact on overcoming startup struggles.

    Business Startup Struggles Infographic

    This infographic from Clarity – a company committed to connecting entrepreneurs with experts – outlines the most common challenges startups face today, and provides the hope many need that you can overcome these obstacles and build a successful and lasting business.

    Matthew Toren is an Award Winning Author, Serial Entrepreneur, and Investor. He Co-Founded YoungEntrepreneur.com along with his brother Adam. Matthew is co-author of the newly released book: Small Business, Big Vision: “Lessons on How to Dominate Your Market from Self-Made Entrepreneurs Who Did it Right” and also co-author of Kidpreneurs.

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    3 Responses to Startup Struggles: The Most Common Challenges Entrepreneurs Face Today [Infographic]

    1. Greg Digiovanni December 13, 2012 at 5:05 pm #

      This is really a great collection of stats surrounding entrepreneurs. I didn’t realize that a majority of reps gave up contacting a potential lead only after 2 attempts! That’s what I love about these graphics..you absorb these new facts and it’s easy to remember.

    2. Mike Frizzelle December 14, 2012 at 3:11 pm #

      I’m always surprised by how many owners/managers aren’t aware of funding options beyond traditional loans, such as cash advance and factoring.

    3. Jeremiah Say December 28, 2012 at 9:34 am #

      Everything comes with a price. There’s no free lunch.

      Like what Matthew has shared with us, building up a business can be supremely arduous. If we want to have a better tomorrow, we got to pay the price today.

      Personally, I’m willing to pay the price. Even if it’s going to take me 5 years or 10 years, I’m going to do it anyway.

      I’d rather “suffer” now than when I have a family (I’m currently 22, single). I’d rather pay the price today for a better tomorrow (even though there are no guarantees).

      To me, life is either a daring adventure… or nothing.

      Jeremiah

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