Personal Barriers in Entrepreneurship: The Most Common and Most Difficult Barriers to Remove

Ashish Singh

Abstract: If we talk about entrepreneurship, there is excitement also but there is definitive fear of starting your own enterprises. There can be many reasons behind this fear ? fear of losing a safe and secure job; fear of competition; approaching many different agencies; fear of arranging all the resources that are needed for successful running of enterprises; fear of unknown technology etc. All these are barriers that prevent starting of enterprise or it?s successful running. But there is a positive light to it also. Most of the barriers can be removed in due course of time. This can be done by proper training, counseling and giving various aids to entrepreneurs. But the main problem arises when the barriers are within the individual and it is very difficult to identify, analyze and remove them. This article focuses on these barriers and tries to tell various ways through which these barriers can be removed.

Keywords: Introvert Personality, Risk