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Three Common Challenges Entrepreneurs Face (and How to Overcome Them)

Here are three of the most common challenges that lie ahead for all entrepreneurs.

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3. Solitude 

Entrepreneurs are a special brand of people.

We buck tradition and work differently, and solitude can creep in when we go at it alone. Also because small business owners need to project self-confidence, it can be difficult to confess struggles, ask for help or admit temporary defeat. Combine all of this with high-stress situations and a measure of instability — you now have a belief (for some) that entrepreneurship is an impossible dream!

Luckily for you, there are thousands of other entrepreneurs who also feel isolated and lonely.

Knowing that others understand and support you can make all the difference in the world. Whether you decide to join a networking group, mastermind circle or mentor-mentee relationship — find a community of people who understand you and have faced your personal and business struggles.

There is something uniquely comforting about knowing that even though you may currently work alone, you don’t have to be alone in your entrepreneurship journey.

You may need a local community that includes coffee, handshakes and direct interaction, while others are more comfortable with an online group, video chats and roundtable calls.

Tip: No matter which type of business community you join, it’s important to give and take. Share your struggles, ask for help, resources and advice from others; and at the same time be willing to guide others, share solutions and provide a listening ear.

 

The life and work of an entrepreneur is not always easy. It can be discouraging when it seems like other small business owners do not face the struggles you do. Instead, accept these universal business challenges and embrace a supportive community. Though the monetary and emotional costs of entrepreneurship may be high, its rewards can also be immeasurable beyond belief!

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Photo: Asos

Kelly Azevedo is the founder of She’s Got Systems, a custom coaching program that leads clients to get support, documenting and dominating in their fields. She has worked in successful six-figure and million-dollar online businesses, helping owners create the systems to serve their startup needs.

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