Emerging challenges of entrepreneurship

There has been a boom of new interests, ideas in entrepreneurs and their activities from the past two decades. It is now agreed that entrepreneurship is one of the key engines of growth since it contributes to employment creation and increasing GDP of a country by increasing productivity and optimal use of resources. It is a purposeful activity to initiate and develop a profit-oriented business. This study emphasizes the scope, significance, and environment, challenges of an entrepreneur and how these challenges can be overcome.