Top challenges faced by modern day entrepreneurs

An entrepreneur has big dreams while founding his start-up. However, they start turning into nightmares when he is faced with some tough challenges. Let us see some of the top challenges faced by modern day entrepreneurs, straight from their mouth.

Founder& CEO Greg Isenberg, 5by (now acquired by Stumble Upon)
Joining a startup is a rollercoaster and most people know it. Most people want to go to their 9-5 and forget about work when it’s over. Finding startup employees are a rarity and they have to be willing to work long hours and get paid less than market rates.”

Cofounder Steve Hoffman, Founders Space
I always tell my startups not to feel rushed. Don’t hire someone just because you desperately need to fill the position. Take a deep breath and wait until you find the right person, even if it means slowing everything down.”

Founder & Principal Don Glacy, Omnific
“We hire attitude and train for everything else. We have built the company on superior service that requires a great culture. Our biggest challenge is maintaining our culture as we grow and hire new personalities at an increasingly faster pace.”

Founder & CEO Baochi Ngyun, Social Canny
“Finding A-player employees takes time and patience. I’ve made mistakes because I hired too quickly and below my standards. But everytime I’ve kept interviewing (seemingly forever), I’ve hired great people that I will recruit/refer for the rest of my career.”

Founder & CEO Jason Wang, TryCaviar
“The biggest challenge is finding someone with the right cultural fit. Many candidates look great on paper and do well in interviews, but can they buckle down and accomplish great things with the team?”

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