This document discusses entrepreneurship and the barriers and challenges faced by entrepreneurs. It defines entrepreneurship as pursuing opportunities regardless of available resources and managing business ventures in a competitive marketplace. The main barriers are environmental like lack of materials, labor, infrastructure and funds; personal such as lack of confidence and motivation; and social like customs and laws. Women entrepreneurs face additional problems of scarce resources, family responsibilities, limited mobility and education, and societal biases. Key entrepreneur challenges involve financing, building teams, visionary leadership, and decision-making. Successful entrepreneurs have leadership skills, take risks, are confident and innovative.

1. Entrepreneurial Barriers and Challenges
Prepared by :
Neeraj Bhandari
Avishake Budhathoki

2. INTRODUCTIONTO ENTREPRENEURHIP
ENTREPRENEUR
(PERSON)
ENTERPRISE
(OBJECT)
ENTREPRENEURSHIP
(PROCESS)
+

3. INTRODUCTIONTO ENTREPRENEURHIP
• It is the process by which an individual pursue
opportunities without regard to resources they
currently control
• Entrepreneurship is the willingness to take risks and
develop, Organize and manage a business venture
in a competitive global marketplace that is
constantly evolving.
• In simple , Entrepreneurship is the process of
creating something new and assuming the risks and
rewards.

4. According to Foss and Klein , Entrepreneurship can
be defines with the help of seven approaches ;
• Entrepreneurship as Small-Business
Management
• Entrepreneurship as imagination or creativity
• Entrepreneurship as innovation
• Entrepreneurship as Opportunities
• Entrepreneurship as the ability to adjust
• Entrepreneurship as Charismatic leadership
• Entrepreneurship as Judgement

5. Barriers to Entrepreneurship
1. Environmental Barriers
– Non – availability of raw materials
– Lack of skilled labor
– Lack of good machinery
– Lack of infrastructures
– Lack of fund
– Other environmental barriers

6. 2. Personal Barriers
– Unwilling to invest money
– Lack of confidence
– Lack of motivation
– Lack of patience
– Inability to dream

7. 3. Social Barriers
– Law status
– Custom and tradition of people

8. Women Entrepreneur
• Women entrepreneur can be defined as the
women or group of women who take
initiative to set up a business enterprise and
run smoothly
• According to GOI, a Women Entrepreneur is
defines as , “An enterprise owned and control
by a woman and having a minimum financial
interest of 51% of the employment generated
in the enterprise of women.”

9. Problems facedby Women Entrepreneurs
–Scarcity of Raw Material
–Family Ties
–Limited Mobility
–Lack of proper education
–Male-Dominated Society

10. Challenges for Entrepreneurs
–Financing
–Teambuilding
–Being the visionary
–Dealing with the unknown
–Loneliness
–Decision-making
–Rule-making

11. Competencies of an Entrepreneurs
– Leadership Qualities
– Decisive
– Risk-taking
– Confident
– Willingness
– Enterprising
– Innovative

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