Top 4 challenges for most entrepreneurs
Why not be optimistic and see Africa’s most serious problems as opportunities? It is common knowledge that Africa may not yet be the most advanced continent due to many aspects; from education to infrastructure, there is much yet to grow and a lot of great entrepreneur minds in preparation getting ready to work for a better home. Many believe that Africa’s greatest resources are not the gold found in Johannesburg nor the oil from Nigeria, but instead the brains of the young people.
Young successful entrepreneurs like Ally Angela from the company My Republic, John Shigwedha from Maestro Design Studio, and Statin Siebrits from New Creations Studio have gathered and commented not only on how they managed to shift their focus and way of thinking into realizing the potential existing in entrepreneurship, but also in the major difficulties found in this career path.
Some of the highlights, on the most important difficulties that entrepreneurs should take into account when considering starting out in this world are the following: 1. difficulty in funding 2. high skilled workforce is lacking 3. there is not much access to information on markets and 4. poor government support.
Although all of the above are possible to work with, it is important that every young entrepreneur is prepared and informed about the challenges to come. This way, they are one step ahead in the issues that may approach in the following weeks and can plan accordingly. Every great mind must have the desire to see a difference in themselves, and taking the leap of faith into making a better continent will definitely bring its benefits.