The Ten Commandments of entrepreneurship: Finding the wrong partner

Each entrepreneur in the decision to start a business after the first encounter a problem: it is their own "riding alone walk the World", or a partnership with the collective to battle conquer. The reality is that some people alone to break out a piece of heaven and earth, some partnership entrepreneurship but because "a mountain difficult to tolerate two tigers" so that the situation has been a good career halfway.

Rush between three-man partnership

Since Jiang Nanchun started a new advertising model with building TV, it has opened up a lot of people who want to rely on the media to start the field of vision, including the university students like Zhouhaipeng.

Zhouhaipeng the line of sight at the university's restaurant, where he originally looked at the school's restaurant walls, and produced a business analysis and feasibility framework, and logistics to talk about cooperation. Because the cost is too high, turn to the restaurant table advertisement. "At that time, the co-operation with the school was 60,000 yuan, and we were given the right to advertise all the dining tables and chairs in the school for two years. But for our college students who are still on campus, $60,000 is not a small sum. So, I decided to partner with the dormitory classmates, each other is more familiar with, also count can be trusted. ”

After the two roommates learned that Zhouhaipeng's business plan, they thought it was feasible, and did not take more consideration to join and decided to go to sea. Everything is in a hurry, oral agreement with the investment funds, the interests of each of the risk one-third.

Interests Fall Apart

Before the start-up, Zhouhaipeng was full of confidence, he said: "The media is the most important to do their own platform building." I already have the school restaurant this platform, the advertisement effect is good, the retention time is long, the advertisement is easy to accept. With the addition of partners, business will not be difficult to do. "Soon, Zhouhaipeng and his partner withdrew their upfront investment and started to enter other universities ' advertising markets.

"With a successful model, other colleges and universities quickly negotiated with us and agreed to pay our co-operative payments in installments. "With a platform in hand, with customers, all the wind." Just then, Zhouhaipeng received a phone call that made him a little surprised. "It was a small venture that saw our project and decided to invest $1 million to help us accelerate our expansion. ”

Who knows is this 1 million yuan, let this Ben Big head of the project finally just a flash in the pan. "We have a lot of differences about the usage of these 1 million dollars. My idea is to first put the original fancy restaurant Wall is also first implemented, and the partner's opinion is first in the university enclosure, talk about more colleges, even foreign universities. Partners want to come up with some money to increase the number of people, and I want to buy a high-end car as a tool, because in my opinion society is very realistic, there are good packaging talk customers will be more effective. ”

Once the heart is born grudges, the dispute is inevitable, Zhouhaipeng impulse to do a let him so far regret unceasingly decision. "I have been a bidet and signed a competition restriction agreement with them, and I have not been involved in the media industry for 10 years. However, Zhouhaipeng's exit did not bring the project back on track, but it was like pulling out a piece in a high-building block, the wind, and finally a hasty ending.

Comments

Now the university students are very clever, diligent, can rely on their own intelligence and efforts to create a world with bare hands.

So don't take him in because you're afraid of alienating your roommate, and don't start a company with someone who has some kind of skills, whether you like him or not. A start-up company, the most important factor is people, so there is no way to do it.

Prescription

Entrepreneurship is a wonderful and painful thing, and choosing a partner must be very discreet. First, character clearance, second, there is complementarity between the entrepreneurial partners, once again, can communicate, mutual trust, and finally, to be able to share responsibility.

At the beginning of the venture, it is best to establish a contractual spirit between the partners, to design what might be expected in the future, to be embodied in the articles of incorporation, so that future changes can be justified. In addition, a portion of the equity can be taken to the subsequent participation of outstanding partners to redistribute, set aside a survivor, in the system to maintain a certain degree of flexibility.