As young entrepreneur what are those unique challenges I am likely to face in the contemporary business environment? Aside the capital which I have been able to raise a modest amount as start-up.
This was a question sent to me by my young cousin. I felt I should bring it here to draw broader ideas from different minds before getting back to him with words. Feel free to share your honest ideas and experiences.
What I face this time is the existence of modern technology and marketing is that their big business owners play directly to consumers, if they used to distribute goods through several distributors from place to place but now they can do it directly to consumers with M, Use the media and online shop platform and it tortures me as a reseler seller of the items, or a wholesale shop where many re-sales products are large brand products.
Competition is increasingly keta, although we can use technology but we know that it is not done by someone so that competition is more complicated because we will be in the people with fellowship.