This research paper examines the psychological and emotional challenges encountered by first-time entrepreneurs. It explores the stressors of early stages, emotional rollercoasters, personality traits and motivational drivers. The coping mechanisms, role of support systems and strategies for overcoming hurdles are discussed. Furthermore, it looks at cultural influences before suggesting that mental health should be prioritized in entrepreneurship. Thus, these findings are meant to create a conducive atmosphere for entrepreneurs focusing on holistic well-being in their businesses.