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What are the biggest challenges when starting a business?

Challenges include: 

  1. Shortage of capital and cash flow 

  2. Having a good business plan 

  3. Coming up with a durable and effective product 

  4. Unanticipated long hours and work days 

  5. Hiring good employees 

  6. Moving past rejection by customers, investors, etc. 

  7. Maintaining a healthy work-life balance 

  8. Managing your time 

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