US visa

My biggest challenge as an entrepreneur is sourcing and exporting Nigerian food to US. There is a huge market for products like palm oil, shea butter, beans, garri etc but I have not run into someone who can help with necessary paperwork.

The greatest challenge of most entrepreneurs is not profit or costumers, its misinformation.

Most people don't make business decision based on the right information they make decisions based on there own personal opinion without doing a proper research.

Example sitting a bar in an area that's populated but lacking one. Its a good idea of course there's no bar or lounge in the area, until you find out that the people you have been seeing most are actually Muslims.

Things like this

MasterRahl:

I'm a freelancer and Kindle Author. My greatest challenge is electricity.
To write a book (KDP) or do freelance jobs (Fiverr & Upwork), I need a very conducive, well-lit, environment. I spend roughly N700 daily on petrol for gen to power my home office.

Electricity is very important. Sadly, the Nigerian government doesn't want to do anything about it. We gained Independence in 1960. It's been 59 long years and Nigeria cannot boast of 24 hour electricity.

This is sad.

If you can afford to save or get a loan , please use solar.

If you can't afford it just by an inverter with enough Batteries that you can charge with electricity or gen a few times a week.

lenghtinny:
I don't know why funds and finance starts with letter "F"

Cuz you're just one of the 98% delusional Nigerians...

ONLY in English language... NOT in German, Spanish, Japanese and other civilized societies...

MasterRahl:

I'm a freelancer and Kindle Author. My greatest challenge is electricity.
To write a book (KDP) or do freelance jobs (Fiverr & Upwork), I need a very conducive, well-lit, environment. I spend roughly N700 daily on petrol for gen to power my home office.

Electricity is very important. Sadly, the Nigerian government doesn't want to do anything about it. We gained Independence in 1960. It's been 59 long years and Nigeria cannot boast of 24 hour electricity.

I will advice you to relocate to Bonny Island. Thank me later

Every biz experience problem, especially low sales, but I have a regular solution that solves the issue b4 u know it sales come. Ive been trusting God since 99" so my biz is in his hand, once I pray, vola! Custome come in. Matt 6: 1 to end is my secret passage.

generationz:



This is sad.

If you can afford to save or get a loan , please use solar.

If you can't afford it just by an inverter with enough Batteries that you can charge with electricity or gen a few times a week.

Thank you for your suggestion. I'll look into this.

Financial management and even unavailability of enough ideas and wisdom to manage available ones

SmilingScorpion:


I will advice you to relocate to Bonny Island. Thank me later

Hahahahaha. Pardon my ignorance sir but what's happening at Bonny Island?

My greatest challenge is taking my business to that point where it functions efficiently and profitably without me.

Start up.

START UP is the greatest challenge of any business.

Coming up with a good idea that will transform in to practice have been difficult....

Finance.

For me that I sell Proposal Engagement and Wedding Rings, it has not been easy, but na God.

Capital!

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Mine are

Trust issue
Finances
How to get clients

But God has been merciful anyways

finance, marketing

There's a secret I would have loved to share to Nigerian entrepreneurs on strategy to dominate the business environment of any state or region you are in, but if I did that I would be giving out tips to my archilese heel.

If u have finance and you want to go into any business normally SME there's a way you can go about it and make good business decision anybody that can tell me what technology this is. Is a real Business man

happydays1:
Every biz experience problem, especially low sales, but I have a regular solution that solves the issue b4 u know it sales come. Ive been trusting God since 99" so my biz is in his hand, once I pray, vola! Custome come in. Matt 6: 1 to end is my secret passage.

You haven't still said anything.

Mine is finance and location .

Friends ooo, they want me to give them testing before I sell my organic soap to them.

Brooke60:
As a Digital Marketer, many times, I have to bring my price down to satisfy clients. It's kind of hard because most of the time, I always end up not making #3000 from a business.

People look down on small brands.


Also, financial aspect is always a Problem.

Incase you have issues in running sponsored ads, I train, I help to run, I handle social media pages, I can trend your business on Twitter e.t.c.

I am a digital marketer

Your contact isn't even connecting.

I wanted to link up with you... just maybe.

MasterRahl:

Thank you for your suggestion. I'll look into this.

What's your niche on upwork and fiverr?

Newsoodles:
Entrepreneurs Greatest Challenge In Business.

[img]https://4.bp..com/-czO-B5BhfsQ/XGfvaDGJSDI/AAAAAAAAAhM/UO_h4w28-TgevFekJM4E9XltfyiehuTgQCLcBGAs/s1600/Entrepreneur.jpg[/img]

I met a young businessperson some years back and asked him what was his greatest challenge in business. Dude went ahead and said marketing. He was with no doubt on the right track but at a profound dimension, it isn't marketing but...

But what? Competition!

[img]https://2.bp..com/-iqRwzlxfwSY/XGfuyMup9fI/AAAAAAAAAhE/sWIwpjhl_SoVX-UL11yJg8Y7MVmUO7gLACLcBGAs/s1600/Competition.jpg[/img]

Many years ago, an Austrian-born American management consultant, author, and the popular “founder of modern management,” Peter Drucker cited that “Business has only two functions — marketing and innovation.” Business can be challenging when paddled with a quack marketing but nonetheless, competition is a greater challenge.

Envision that you are the main advertiser on the web or you are the only one publicizing your products online. Regardless of your showcasing approach and expertise, you will have your audience and always gain peoples attention. Marketing becomes a problem due to the fact that the computerized world has become a hybrid civilization of interdependent economy with millions of small businesses springing up daily and billions of entrepreneurs finding common ground. Everyone wants to be known and recognized, and this quest to gain an abiding relevance and popularity on the web led to an eternal struggle of endless competition.

With billions of potential businesses competing against yours, you will want to figure out a way to outperform your rivals. That's why your business either has to be competitive or anticompetitive in nature. If your business is competitive, you have to make use of good business intelligence and employ all forms of strategy such as competitive strategy & customer retention strategy, and sometimes based your competition on price factor and customers relationship management. But if your business is anticompetitive, you provide rare value and amazing qualities are already crafted at the core of your products. You wouldn't have to compete on prices because you already provide values like no one else have done. Apple, Samsung, and Microsoft are the most suitable example of befitting companies. With a smartphone and a laptop costing over $1000+, people will still cue on ground competing to buy. Meaning that if your business is anticompetitive, your customers will do the competition for you irrespective of the price attached.

With my points clearly stated, kindly drop in the comment below any useful suggestion and contribution.



Source: https://www.newsoodles.com/2019/04/entrepreneurs-greatest-challenge-in-business.html

Our greatest challenge cant be compitition but funding.
Most of us dont have capitals to carry out our plans. Competition will be a problem when you have investors and you have to deliver returns on their investments

It is quite and interesting topic for we young entrepreneurs, but with my kind of business, drastic measure must be made with the continual picking up of some innocent boy all in the name of ‘yahoo’. I am a boutique owner (d_jacobsclothings) in ilorin and there have been continual downturn in sales... what has always been helping me all time long is direct marketing

Selling on credit will send your business to early grave.

Though, you might be tempted to do so, just to build or maintain your customers.

But, it's a sure way to pushing the business to comatose.

generationz:


What's your niche on upwork and fiverr?

Research and content writing on Medical-related titles (for publication in academic journals, and, health and wellness websites).

OGand99others:
Finance Management

I can help you manage your finances for free. Just quote and tell me the specific challenge and will tell you what to do to resolve the issue.