effective people who will be able to take on bigger roles and run the show (even when you’re away) as the business grows. Hiring decisions need to be made with care. If you feel you don't have the time, ensure you take external help and guidance. 4. Partner incompatibility In the early days of business, your shared passion and dreams for your company would have veiled all other minor problems or disagreements that you and your partner have. Partner incompatibility becomes more evident as the startup grows and begins to scale up. There may be disagreements regarding the growth and expansion strategies, the way in which the products and services need to marketed or pivoted, and so on. As founders, you are emotionally invested in the company, often to a very great extent. This forms the prefect breeding ground for conflicts. In many cases, friction arises when one partner feels that he is bearing too much of the work load or thinks that his co-founders are less involved with the company. 5. Dwindling cash Next to people problems, money (or the lack thereof) proves to be the reason why so many startups wind down -- and not just at tech ventures. Managing cash flow is one of the most important responsibilities of an entrepreneur. There are many fledgling businesses out there who aim to build something long term with a tangible product that will change our world for the better. Most of them don't have the luxury of millions of naira in venture capital backing but survive on highly effective and foolproof cash flow management practices. Culled from entrepreneur.com and adapted Do you know any entrepreneur between the ages of 18 and 40 with an inspiring Business Story?