Definition/ Meaning/ Explanation
The obstacles faced by the business when starting a new business or the company. They are usually in the form of the high-cost price of the resources or other litigation process involved in the startup of the business. Such barriers protect the existing players of the industry as no new players can enter in the market with high barriers to entry

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Further Reading/ References
https://en.wikipedia.org/wiki/Barriers_to_entry

Category: Learning, Thinking        Tags: Barriers to Entry, Mental Models