Biggest Problem with Running Your Business

General Overview

Many users mention that the biggest problem with running a business is employees. This includes issues like challenging employees, managing employee churn, securing good employees, and dealing with employee-related complaints and compliance issues.
cash flow and sales/marketing are major challenges, with users highlighting the constant need for sales to afford marketing and vice versa.
work/life balance is a struggle for entrepreneurs, particularly those running businesses by themselves, leading to long hours and burnout.
Deciding to fully commit to the business and dealing with the loneliness of being the sole decision-maker are significant challenges.
delegating and overcoming the fear of losing control when hiring employees is a common obstacle.
managing people poses challenges like handling employee sick calls, maintaining discipline, and dealing with different employee personalities.
raising prices is noted as a concern, with fears of customer retention and impact on business profit.
getting accurate tax advice and handling financial matters could be complex, especially for certain business structures like S corps.
Choosing to end or redirect a business after a few years is a tough decision many entrepreneurs face.
Finding good employees who are willing to learn and contribute without demanding high salaries poses a challenge.
maintaining a consistent routine while juggling various other commitments and interests can be difficult.
hiring is a recurring theme, as finding the right people who align with the company's vision and culture can be tough. This includes the cost of training new hires and ensuring they are a good fit for the team.

Additional User-Identified Challenges

Motivation and consistency in business operations are key, often requiring constant effort even when progress is not immediately visible.
Overcoming obsessive behaviors and managing a healthy work-life balance are important for sustained success.
Injury prevention and balancing training intensity with rest are crucial for long-term performance.
Family and personal obligations can impact business decisions and time management.
Diet, sleep, and recovery play vital roles in maintaining physical health and mental well-being.
Time management challenges are common, particularly when balancing work, family, and running a business.
Commuting to work can impact daily routines and make it harder to maintain consistent running schedules.
Setting realistic goals and finding purpose in business pursuits are important for long-term satisfaction and success.
Balancing various interests and activities, such as recreational hobbies and business obligations, poses challenges in time management and resource allocation.
Physical limitations and the aging process can hinder performance and require smart training adjustments.
Business-related challenges such as sales, compliance, and marketing contribute to the overall difficulties faced by entrepreneurs.