The obstacles we encountered in business

The biggest obstacles in business is not getting customers that will get you money, but it is definitely getting the fund to start the business. I have seen how men with great business ideas or plan burry it inside the ground just because they have no backings or support. This is one of the greatest obstacle that affects all men. But fun aside, assuming we all in this world have that fund to start up our business, the whole world would have been filled up with lots of business, just kidding.

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From the above we can see that the number one obstacles we will be facing when it comes to business is fund. Just like as I have said above, many quit their business just because they have no fund backings to push it to the apex height or were unable to start a business because they have no capital for it to be visible. No wonder I remember in the year 2015 when Mr Emeka told me a story of how he shared his business idea with a friend he met online just because he had no money to push the business goal.

He went from one Uncle to the other soliciting for fund but all to no avail. He did this for years and he couldn't get it accomplished. Instead of allowing this great business plan to dies off because of lack of fund/support, he decided to share it with this dude called Anthony. Anthony is not rich as at when Mr Emeka shared the business idea with him. Few years later the dude became a little bit rich and he was looking for a business to invest his little fund into and he remembered the business idea Mr Emeka shared with him.

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Now, he knows how good the business idea seems so he decided to try it out. While doing that, he was looking for ways to contact Mr Emeka but he couldn't because he has lost his contact. Because the business idea Mr Emeka shared with him was a resounding one, the business florish and it took everybody by surprise. Mr Anthony's business grows from being local to international. It is now a global business and it keeps soaring high internationally too. While making lots of money, Mr Anthony still feels bothered and he set aboard in search of Mr Emeka. With the help of social media like facebook, he was able to come across Mr Emeka. He showed Mr Emeka what his business idea has done to his life, Mr Emeka wept bitterly but Mr Anthony told him to cry no more as he makes him the CEO incharge of the business locally and globally, this is how Mr Emeka's life change for the best.

From the above story, we all can see that money is a big obstacle when it comes to business. Another obstacle to watch out for in business is locality. By locality I mean finding the rightful place to set up your business. If you trace back to history and observe properly or asked some business men if the place their business is located is the rightful source they feel like setting it at, 90% will say no. It is hard setting up in the rightful locality that suits it.

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Another things that can affect or act as an obstacle to business is getting the targeted customer's. Knowing fully well how to give what your customers want when it comes to targeting them is a big issue when it comes to business. If you can't do this, definitely your business might be in for a long ride. This is another obstacles to encounter while in business or setting up a business.

To wrap up this post, on my next work, I will be talking more on the obstacles we will be encountering in business or the obstacles to encounter while trying to set up a business.

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