ABM - Nepal Commerce and Economic Podcast

Scaling New Heights in Nepal: Five Sneaky Pitfalls for Ambitious Entrepreneurs


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Nepal’s entrepreneurial spirit is vibrant and alive. Innovators and visionaries strive to create businesses that not only succeed but also contribute to the nation’s progress. However, the journey from a promising startup to a steadily growing company is fraught with challenges, especially in a unique market like Nepal. The appeal of scaling – increasing influence, market share, profitability – is obvious, but it is precisely at the transition stage that specific difficulties often arise.

While the general principles of doing business apply anywhere, Nepal's unique context creates unique pitfalls for scaling companies. This article aims to identify five critical mistakes that ambitious entrepreneurs make and offer actionable strategies to overcome them so that ambitions can be transformed into sustainable success. The ambitions of Nepali entrepreneurs are often faced with a systemic lack of a reliable and predictable support environment. While entrepreneurs are the driving force, external factors such as political instability and bureaucracy do not always facilitate smooth scaling. The fragility of the economy, often dependent on remittances rather than productivity and innovation, means that startups can scale on shaky ground, making internal resilience even more important.

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ABM - Nepal Commerce and Economic PodcastBy Alpha Business Media