10 tips for Cai to entrepreneurs

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Among the domestic angel investors, Cai is a "different" one. Entrepreneurs are not required to endorse the background of education, returnees or executives of large companies, and more emphasis on making products and data speak. Believe that users and traffic must be able to cash out, the courage in the absence of business model before the shot. Grass roots, a preference for grassroots entrepreneurs, but also believe that China's internet "get the world of cock silk."

In the China Internet Innovation and Entrepreneurship competition held by Tencent Open platform, Cai, as a pioneering mentor, put forward 10 suggestions for entrepreneurs. "The combination of traditional industries and mobile Internet is a huge market space," he said. Because the mobile internet is now more than just fashion, but a prerequisite for everyone's life. ”

What problems should we pay attention to? Let's see Cai. 10 Tips for Entrepreneurs:

First, do not try to sell ideas to change money, creativity is not implemented is worthless, with countless ideas are not as down-to-earth action;

Second, start-up companies, if the founder and senior executives are paid high wages, the probability of success is very low. Almost 99% of the cases I've seen testify to this truth.

Third, at this stage rely on individual efforts hard to succeed, entrepreneurs need to build a team, the team must have a proficient in product, marketing, management and other fields of talent;

Four, you can work together to do the project, improve the concept and seek investment at the same time, so the risk is small.

Five, to give the product a catchy good name, easy to spread.

Six, to do products, must comply with three principles: there is demand, there are advantages and benefits.

Seven, good products are constantly honed in the process of continuous dressing gradually formed. On the Chinese Internet, when the number of users reaches a level, it needs to be crossed.

Eighth, entrepreneurship to think about three years after the overall market and industry patterns. See the possible future changes, how you do, in what position, you will be more valuable, not only guarding an acre of three points.

Ninth, the user will certainly have a business model, and never think of a good mode to find users.

Tenth, every killer application is a traffic entry. To put an application to the extreme.