Problems and Prospects of Startup Entrepreneurs– A Study with Special Reference to Dharmapuri District

An important contributor to a nation’s economic growth is an entrepreneur. An entrepreneur is essentially someone who possesses the initiative, talent, and drive to start their own business or industry and who is constantly striving for success. He promotes the common good and acts as a catalyst for social change. He searches for chances, spots them, and takes advantage of them mostly for monetary benefit. An entrepreneur is someone who has the ability to articulate and carry out the desire, know-how, drive, and inventiveness to launch a business or industry on their own or in partnership with friends. In Dharmapuri District more than 5000 new entrepreneur were registered during 2021-2022. The main aim of this paper is to analysis the problems and prospects of start-up entrepreneurs in Dharmapuri District. The proportional Sampling Method was used to select one hundred and fifty Start-up Entrepreneurs in Dharmapuri District. The primary data was analyzed by using statistical methods such as percentage analysis, weighted average method, Descriptive Statistics and ANOVA Test. The result of the study shows that financial problem is the major problem and Government support prospects is the major prospects of Start-up Entrepreneurs in Dharmapuri District.

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S. Sekar, “Problems and Prospects of Startup Entrepreneurs– A Study with Special Reference to Dharmapuri District”, REST Journal on Banking, Accounting and Business, 1(2), (2022):79-83.