Launching a startup is no longer a daunting task, with the advent of technology and a plethora of resources available. However, the real challenge lies in maintaining and growing the business. Startups are often faced with a multitude of problems, from finding the right talent to managing cash flow and scaling up.

The startup ecosystem is becoming increasingly competitive, with a surge in the number of businesses vying for the same resources and market share. This makes it crucial for startups to differentiate themselves, not only through their products or services, but also through their business model and strategy.

In addition, startups need to navigate the complex world of funding. While venture capital is an attractive option for many, it comes with its own set of challenges, including loss of control and pressure to deliver rapid growth.

Despite these challenges, the allure of entrepreneurship remains strong. The potential for success, coupled with the freedom to pursue one’s passion, continues to draw individuals to the world of startups. Nevertheless, it’s essential for aspiring entrepreneurs to understand the realities of running a startup and to be prepared for the challenges that lie ahead.

Go to source article: http://www.economist.com/news/special-report/21593581-launching-startup-has-become-fairly-easy-what-follows-back-breaking