Title: 7 Challenges for Young Entrepreneurs | SkillsYouNeed
Headings: The 7 Biggest Challenges
for Young Entrepreneurs

The 7 Biggest Challenges
for Young Entrepreneurs
However, if you can identify and be aware of the following factors working against you as a young entrepreneur, then you'll be able to come up with effective counter strategies to ease your path to success.
1. Financial Issues
The main challenge that all entrepreneurs face is to get their business funded.
2. Facing Age Stereotypes
You might already be aware of the stereotypes people will apply to you as a young entrepreneur.
3. Social Rejection
Starting your own business makes it hard to maintain social connections.
4. Facing Criticism
Something about running your own business really brings out the naysayers.
5. Dealing with Stress and Self-Doubt
Needless to say, starting out as an entrepreneur is a stressful endeavor.
6. Hiring Employees for the First Time
So your business has grown and it is time to delegate tasks. But finding employees can be a difficult task for a young first-time entrepreneur.
7. Finding customers
A smaller company has a harder time attracting customers.
Further Reading from Skills You Need
The Skills You Need Guide to Self-Employment and
Running Your Own Business
In Conclusion...
Be aware of the age-related pitfalls in advance so that you can be prepared to bypass them. Perseverance and enthusiasm go a long way to smooth your route to success. Keep your patience high and your attitude upbeat. This is only the beginning of your long, fruitful career as an independent business owner.
About the Author

Content: 2. Facing Age Stereotypes
You might already be aware of the stereotypes people will apply to you as a young entrepreneur. Ironically, you might be called "lazy" or "irresponsible", or not be taken as seriously as someone who is older. While networking, you might come across older professionals who doubt the sustainability and credibility of your business. Don't let the ageism get to you. Behave professionally at all times, and treat others fairly. Eventually you will gain a reputation for maturity and be considered worthy of trust and respect by the older set. Deal with discouragement by surrounding yourself with people who believe in you. Above all, have confidence in your own abilities. 3.