According to me, there are many problems faced by an Entrepreneur. Starting from the very start, selecting the idea and turning it into a business plan is a difficult task. Here, I will solely focus on technology. I mean for a non-technical guy it may be easy to plan the business but when it comes to technical feasibility his all planning may fail there. So we can say technology can be a huge challenge for an entrepreneur.
Most of the entrepreneurs want to start online ventures these days because online startups are the future. But the problem is they don’t have adequate knowledge about how e-commerce actually works i.e.
This complete knowledge requires lots of research depending upon the business requirements. This article from Inc. Magazine will help you getting the overview of best 5 e-commerce platforms http://www.inc.com/bill-carmody/top-5-ecommerce-platforms-for-2017.html.
They have fairly described some good platforms, which can at least help in solving the platform related question of an entrepreneur. But for more details, you should definitely check the website of said platforms to check their features and pricing.
The biggest challenge is an error of omission, that is, you should have done something but you didn’t.
Warren Buffett often referred to this kind of mistake as his greatest: he saw a great deal, but instead of going for it, he did nothing.
In the case of an entrepreneur, the mistake is NOT to explore and discover his/her greatest talent.
Your talent is truly a God-given gift, and if you use it in the right industry, you will be, as Charlie Munger colorfully put it, “competing against idiots.”
Tom Rath’s book, Strengths Finder 2.0, is a good place to start, but it’s very possible your greatest talent is NOT mentioned in his book.
But he will get you thinking about talent and the necessity to find out what yours is.
The second greatest mistake is, knowing one’s talent, NOT FULLY using it to one’s advantage.