7 Problems Faced by India's Middle Class Entrepreneurs
3. Fearing failure
People still think entrepreneurship is all about risk and only risk. They overlook the actual facts of running a startup and de-motivate budding talents. The biased mindset of people is slowly changing but this does not mean that there is uplift because though people are slowly getting used to the concept of entrepreneurship, their fear for failure is immense and firm.
5 Quick Tips to Woo Every Investor
2. Repaying loans and credits
India is a developing country and the numbers of middle class families are high. Most of these families have various loans above their head and a life of an aspiring entrepreneur is directed towards it. The list goes on and on with various types of loans like – car loan, housing loan and educational loan and the worst part is not many would be ready to share this responsibility.
1. The woes of marriage
While parents and caretakers itself put down the concept of entrepreneurship, in-laws and relative going against it must not come as a surprise. In India, entrepreneurship is often picturised as a sinking boat and hence it becomes difficult for one to get a good bride or a groom, by having the word ‘entrepreneur’ in ones profile.
