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Made in Madurai                

Sunday, January 04, 2009

Challenges faced by entrepreneurs in Madurai

There are n number of challenges faced by Madurai budding entrepreneurs.

Here is a previous post, with a case example of the challenges faced by budding entrepreneurs.

I know a friend of mine, who is in Madurai. He is a mechanic by profession and he did not want to work for some else all his life. He wants to start his own business.

There are two kinds of entrepreneurs - small business owners.
1) One is who want to just earn for their daily expense and keep life moving.
2) Another is who want to reach heights and expand their business to a great degree.

The mechanic to-be-entrepreneur I am talking about falls under first category. The challenge he faces is the basic thing. He is already a family man with a wife and a school going little daughter. He does not have a capital. He does not have enough money to lead his family and at the same time cannot do business at this time.

Another challenge for entrepreneurs is location. Some people are not in the location of business, they desire. This is also one of the challenges.

If you are facing any other challenges, before starting any business in Madurai - please post your comment.

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