25 experience sharing in the entrepreneurial process

Source: Internet
Author: User
Keywords Entrepreneurship
In today's competitive society, a large part of us still want to choose entrepreneurship, have the same life as the rich, but very blind, do not know where to start, even if the brain has the idea of entrepreneurship, is still around for some time finally silently give up, So today we're going to summarize 25 experience sharing (partly from the web) to success: 1. " Tenacity "is the most important trait (not intelligence, creativity, or marketing) that builds a company. Make progress every day. 2. Making decisions is a difficult task, but making a "bad decision" is better than "never making a decision." You need to try and be wrong to know what's right. 3. Don't be a stumbling block in someone else's work. This is a simple principle that requires you to obey the rules, communicate effectively, and be good at delegating. 4. Customer is king. Focus on them as early as possible and apply the idea to your entire team. Of course this doesn't mean that the customer is always right, and sometimes you need to tell them what's right. 5. Finding a co-founder who you trust and enjoy is better than finding a joint founder with a complementary skill. 6. About finding a company consultant: Before deciding to give the partner a share or salary, see if he can keep an eye on your company. 7. It is difficult to build a product. It requires depth, relevance, and requires you to say no to many functions. Identify the DNA of a product as early as possible. 8. Engineering and software is a discipline, like medicine, that requires constant practice. This means you have to do it with live ammunition. 9. When your company grows quickly, you will know that every 6-9 months, it will crash once, out of the basket, which is unavoidable, you need to do is to revise as soon as possible. 10. Do not rush to enlarge the scale. Slow down and take the time to understand the consumer, the marketplace, and your own product. This will allow you to striking and gain sustained competitiveness. 11. Having competition means that you are entering a good market and not being bothered by competitors. They are at best a source of analysis of your customer's needs. 12. Practice the truth. You really don't understand before you do something in person. Any analysis before the practice is speculative. 13. If you always use your authority to instruct your team to do some work, it must be wrong, try to use data, logic, and persuasion. 14. At work, if you're always right, that's certainly problematic, and your employees are lying to you. It is wrong to be brave enough to admit oneself. 15. Ask repeatedly: What is better? Really take the time to find the answers and examples. You can ask people, products, processes, and everything. Your greatest fear (especially for first-time entrepreneurs) is not to know, but to dare or not to confirm the answer. 16. The sooner you put into training for yourself and the whole team, the better. Whether it's soft skills or hard technology, putting in training can definitely give you a high rate of return and a high leverage. 17. Keep in touch with headhunters, they can give you the talent you need, and an emergency job will usually cost you money. 18.The top 20 employees of the company usually join the company because of you and your vision, and you need to be aware of that. 19. Everyone is different, but they all like to be appreciated and praised. Your employees need to be motivated, guided, and empowered. 20. Compensation is not the biggest driver of every employee's job, engaging in interesting work and seeing how it affects the overall situation. 21. As a founder/manager, you are different from your employees. Even if you're sitting next to them, joking with them, drinking together. Because your ability to change someone else's career (and your life) makes you different. You have the commitment and the responsibility, the sooner you realize it, the better for your work. 22. If your goal is to make everyone like you, you will definitely fail, and you will never become a good founder/leader. 23. When it comes to companies, you need to be ruthless, and when it comes to individuals, you need compassion. 24. A bad apple will spoil a lot of good apples. When you think someone is incompetent, be as quick and tactful as possible to leave. 25. Companies need "stories". This will make people more interested in your company and products and connect people closer together. When you want to start a business, you may think that what you need for a startup is a good idea, and then a capital problem. It is true that creativity and capital are two essential factors in the entrepreneurial process, but there are many other factors that entrepreneurs must focus on in order to successfully start a startup. But many entrepreneurs, especially those who try to start a business for the first time, are always immersed in the joy of starting a new career, blinded by passion, and ignore these factors. The above share some experience in the entrepreneurial process, hoping to provide some help for the small partners who are starting a business or preparing to start a business.
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