Wednesday, October 13, 2021

26 of the Most Common Startup Challenges


Following yesterday's blog post, today I list the 26 most common startup challenges. 

  1. Having the right idea – building something someone wants
  2. Understanding your business’ unique value proposition
    • Confirming customer need / marketplace gap
  3. Listening to and acting on customer feedback
  4. Thinking too small
  5. Taking the first leap – knowing where to start
  6. Assuming you need a lot of money right away
  7. Money / fundraising
  8. Cash flow management
  9. Chasing investors over customers
  10. Trying to do it alone
  11. Finding / hiring the right people
  12. The founders
  13. Not researching competitors
  14. Competitors’ actions / competitive responses
  15. Planning & focus
  16. Scaling up
  17. Unrealistic expectations
  18. Remaining within one's comfort zone
  19. Self-doubt and fear of failure
  20. Inability or unwillingness to pivot when necessary
  21. Failing to ask for help
  22. Lack of mentorship
  23. Time management
  24. Customer acquisition / sales
  25. Marketing mistakes
  26. Customer retention


  1. This is really true and I experienced that all in
    Kitchen Remodel Anchorage

  2. I tried some of this and I must say it is really hard but it is indeed very helpful. reviews

  3. We at Dover HVAC Professionals agrees to these common startup challenges. But once you got the right strategy, all of these will be a piece of cake. Don't give up!

  4. This is accurate! Good thing we started changing our game and invested on digital marketing and SEO.
    Jewelry Store Beavercreek

  5. From your article, we got best ideas about to face challenges on our business startup. We a licensed Commercial Electrical Services Los Angeles CA company with years of experience.

  6. You provide information related to different challenges we face in daily routine life. Your post is like a inspiration and motivation for us. Thanks for sharing with us. The commercial cleaning in Miami provide the best cleaning work under the professional team. For getting more detail, Please Click Here and visit our website.

  7. Every beginning will give us a lot of lessons and learning to be better. Starting may be tough but once you get there, it'll be a great room for improvement and success.

  8. This article gives the light in which we can watch the truth. This is exceptionally decent one and gives indepth data. A debt of gratitude is in order for this decent article. | ST Louis Foundation Repair & Waterproofing Gurus

  9. This process was extraordinarily rewarding however we have an extended methods to go before I would suggest to others that this can be a|it is a} viable design device. In the 2 weeks we have spent on this, what I’ve realized is that it takes an especially lengthy time} to create a finished-looking product, however there are vital ancillary advantages this process created inside the firm. The studying curve is lots steeper than the precision machining considered one of Tinkercad, however it’s additionally a lot more|a way more} skilled software able to creating more advanced designs.

  10. Thanks for this! I will try this first thing in the morning Davenport Concrete Services

  11. Knowing the challenges your tech company may encounter will help you overcome them and achieve success.