I looking at the problems entrepreneurs encounter during business start-ups and growth to business, also the solutions to these problems. I have tried to sell my time by working hard in a job, but my time is limited and there are only a limited number of hours I can work in a day.

If your are an expert in any of the business sectors, please feel free to add to this topic. You could add an experience of a situation or a phase during your business start-up.

This is a list of problems I have encountered that hinder business start-up and growth in Nigeria.

Idea
Funds
Location
Experience
Resources
Marketing
Fraud
Trust
Red Tape
Mentors
Knowledge
Training
Time

Selling on credit basis can lead to serious indeptedness.

@op
what do you mean by "red tape" ?

Acidosis: Selling on credit basis can lead to serious indeptedness.

agreed

Red tape is excessive regulation or rigid conformity to formal rules that is considered redundant or bureaucratic and hinders or prevents action or decision-making. It is usually applied to governments, corporations and other large organizations.