Barriers to Entrepreneurship

Economic Barriers
 Capital: It helps mobilize other resources
like men, materials and machines.
 Labour: quality matters rather than
quantity.
 Raw material
 Environmental Non economic
barrier
 Cultural block
 Practical values: should initiate innovation
and creativity.
 Respect for entrepreneurs (Legitimacy)
 Social status
 Traditionalism
 Emotional block: Fear of failure
 Personal barriers to
Entrepreneurship
 Lack of sustained motivation
 Difficulty with ambiguity
 Inability to dream
 Impatience in solving problems
 Lack of clear perception
 Stereotype ideas
 Ignore the obvious
 Conformity to set patters