International Journal of Organizational learning and Change Vol. 1, No. 1, 2013 ©SOCIETY OF MANAGEMENT AND HUMAN RESOURCE DEVELOPMENT Page 1 Barriers for Entrepreneurial Ventures in Pakistan Iram Akhtar MS Scholar at Govt. College University Faisalabad Email:iramali55@hotmail.com Qamar Ali Government College University Faisalabad, Pakistan Email: qamarwaince@gmail.com Khaliq Ur Rehman Cheema MS Scholar at Govt. College University Faisalabad Email: khaliqcheema@gmail.com ABSTRACT The purpose of this study is to analyze the impact of education, social network and work-life balance on male and female entrepreneurs. The research has three main objectives: (a) to examine the impact of gender education on entrepreneurship, (b) to observe the impact of social networking on entrepreneurship, (c) to make an evaluation of entrepreneur’s opinion about entrepreneurship from the result of this research study. The population of the study consisted of available entrepreneurs in city Faisalabad. Random sampling technique is used to withdraw a representative sample. The sample size was selected of 120 male and female and structured questionnaire was used to collect data. Furthermore Reliability analysis, descriptive statistics, and multiple regression analysis were performed. The study concluded that education, social networking and work life balance has strong impact on entrepreneurship and these challenges are equally disturbing both genders. Key Words: Education, Social networking, Work-life balance, Entrepreneurship, and Pakistan INTRODUCTION The concept of permanent employment has almost gone today. Individual’s mood has been turned towards self employment Jackson and Vitberg (1987) cited in Scott and Twomey (1988). Therefore at present entrepreneurship has a very strong scope and become very popular in modern era due to its impact on nation, economy and individual’s development Davidsson and wiklund (2000); Low (2001; Shane and Venkataraman, 2000; Venkataraman (1997). Entrepreneur faces problems and challenges at the start of business. The first main challenge being faced is education. Education plays an important part in the success of venture. Education is correlated with lower start-up costs of enterprise and high wealth. Education influences the greater productivity of a business and entrepreneurial abilities. It is profitable for entrepreneur as compared to employees. Second problem is social networking in which women face a big gap in the male dominant society. Weak networking is based on religious beliefs. A social network is used to identify the relationship between individuals. Entrepreneurs face barriers in social bonding.