While meeting global expectations, the businesses sometimes sideline the local audience, unknowingly. It causes more trouble than gains, especially when the customers feel that the product lacks in providing them a unique experience.
Entrepreneurs come in all shapes and sizes. Some of them choose to innovate in industries that they deem to be underappreciated, while others decide to disrupt well-established industries.
Respect deadlines, while the time required to meet customers is very demanding. But it is harder to motivate employees to work on a project.
Being a successful entrepreneur is tricky. It requires the exact mixture of dedication, resources, brains, planning (and perhaps luck). It is estimated that over 50 percent of small businesses fail during the first four years.