7 CHALLENGES THAT FOUNDERS MUST FACED TO SURVIVE & GROW THE BUSINESS

[zihadhasan010]

Surviving in business today is not like it used to be.

If you opened a shop in the past, people would come and buy because there weren't many other options.

But now, to do business you have to be more creative and strategic.

The business challenges of 2024 are truly different.

So, in this post I want to share the main challenges in the business world today, and how you can survive in this increasingly challenging situation.

Table of Contents
1. Many Competitors, Super Saturated Market!
2. Price War: Playing Cheap Prices Until You Die
3. Customer Loyalty Declines, Everyone Wants Instant Satisfaction
4. New Products Come Out, People Don't Buy Them
5. Customers are easily stolen by competitors
6. New Brand, Hard for People to Believe
7. Marketing Costs Increase, Money Burns Quickly
1. Many Competitors, Super Saturated Market!
Have you noticed? Nowadays, trying to sell anything is like a war.

If you sell headscarves, there are thousands of other denmark phone data brands selling the same thing.

If you make beauty products, ha... good luck, because the market is really crowded.

What makes you different from other competitors?

If you don't have a solid USP (Unique Selling Proposition), you're guaranteed to sink.

Nowadays, it's not just about making good products, but you have to think about how to 'stand out' from the crowd.

Otherwise, you'll just be a number in a sea of ​​competitors.