Following are the barriers to entrepreneurship:
- Lack of market knowledge.
- Lack of technical know-how.
- Lack of capital.
- Lack of business know-how.
- Lack of motivation.
- Lack of individual spirit.
- Family issues.
- Lack of education.
- Lack of training.
- Influence of religion, caste and class.
- Lack of infrastructure facilities.
- Lack of transportation and communication.
- Unavailability of raw materials.
- Lack of regular supply of energy.
- Corruption.
- Unstable government policies.
- Monopoly.
Also, many entrepreneurs lack managerial abilities or marketing capability. Some ideas are often unrealistic. Some may be not accustomed to the banking or finance system.
