This research examines the critical problems hindering the development of entrepreneurial potential incontemporary economic environments. Through a comprehensive analysis of existing literature and empirical research,this study identifies key barriers including inadequate access to capital, insufficient educational frameworks, regulatoryconstraints, and socio-cultural factors that impede entrepreneurial development. The methodology employed combinessystematic literature review with case study analysis to provide insights into the multifaceted nature of entrepreneurialchallenges. Results indicate that financial constraints remain the predominant barrier (affecting 67% of potentialentrepreneurs), followed by lack of mentorship and guidance (54%), and regulatory complexity (48%). The studyconcludes with recommendations for policy makers, educational institutions, and support organizations to address thesesystemic issues and foster more conducive environments for entrepreneurial growth.