Startups often face financial challenges, as securing funding can be difficult. Many entrepreneurs rely on investors or loans, but convincing them to support a new idea can be tough. Additionally, managing cash flow is crucial, as expenses can quickly outpace income in the early stages. Another common challenge is building a strong team. Startups need skilled individuals who share the vision of the company, but attracting talent can be hard, especially when competing with established companies. Moreover, maintaining team motivation and cohesion is essential for navigating the ups and downs of the startup journey.