What are the disadvantages of being an entrepreneur?

[Suba]

An entrepreneur is someone who implements ideas, resource plans in a business, be it a street vendor, producer, or whale businessman. Being an entrepreneur or businessman means working for yourself and being able to provide jobs for other people. Is becoming an entrepreneur/business person everyone's dream, because entrepreneurs have the potential to make high profits, implement ideas and business development, work flexible hours, expand networks, etc. However, as entrepreneurs, we don't have to be lulled by the benefits of being an entrepreneur alone. We also need to learn about some of the disadvantages of being an entrepreneur.

 

[SHAHID987]

It do have a lot of responsibilities not only to run our business smoothly but also to take care of those who are working with us. The stress remain there as if the business faces loss then how I will pay my workers.

 

[eLdavis]

One major disadvantages of being an entrepreneur is that it becomes your duty to ensure there is sales, cause the moment there is none, it means there would be no way to eat. Unlike working for somewhere where even when there is no sales, you still get paid by month end.

 

[freelancermaria]

There are some disadvantages to being an entrepreneur. It comes with risks, so there is no certainty that your business will succeed in the future. In addition, there is a risk of losing the start-up capital that you have saved all these years.

 

[Fidelia]

One disadvantage of being an entrepreneur is that entrepreneurship comes with so much pressure. You have to bear the whole weight of running a business by yourself without any help. It could be too much.

 

[Augusta]

You would have to fund the business yourself. You would bear all losses on your own. You would have to manage the business and make it works.

 

[Starmix]

I am an entrepreneur and am happy to say that I always have money. I have good savings and help too two people as my stuff.

 

[King Belieal]

The disadvantage of being an entrepreneur is that everyone expects you to run your business in the best possible way without caring to know the challenges you face.

 

[Stardom22]

The main challenges facing most businesses in my country is the unpredictable kind of profits that can be earned on the business. Sometimes. Everyday has its own amount of profits generation which really deprives one the chances for business expansion.

 

[neku]

Here small online business owners without local customers, have poor social status compared to employees, they are often criminally defamed , falsely accused without any legally valid proof, to rob their resume, savings, data, subject them to horrific human rights abuses.

 

[Nomad]

You don't have time. This is the biggest disadvantage of being an entrepreneur. You are always under time constrains.

 

[Springtime]

Being an entrepreneur means that you have to take risks. There is no guarantee that your business will succeed. If your business fails, you lose all your capital. Another disadvantage is you have to be very hardworking to succeed. You may not be able to have a well-balanced lifestyle.

 

[Augusta]

You run the business alone so all the losses would be borne by you