4 pioneering lessons to be reckoned with.

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The process of entrepreneurship is the process of turning your ideas into reality. However, from the many unsuccessful cases, I can see that many times entrepreneurs ignore key factors, resulting in the realization of the process of creativity into a nightmare.

Believe that people who want to start a business today, and are walking on the road of entrepreneurship, are unwilling to experience the advent of nightmares. One of the recent founders of Avondale and director of management Karl Stark and Bill Stewart also wrote about 4 simple lessons that startups can easily ignore.

1, you are a great creative person, this fact does not make you a great performer.

The founders of many start-ups have an innovative and enterprising mindset that also makes up the core of the new company. But good execution is not guaranteed by a good creative mindset.

2. Management without listening can easily fail.

Entrepreneurs who are passionate about their ideas often ignore advice from board members, mentors, consultants, or other startups who think they know their products and companies better than others. But listening to advice is actually a supplement, and it keeps the founders away. Sometimes the idea of a picky founder is priceless.

3. Venture capital is not always good.

and the established venture capital Fund, in terms of capital and chattel power, is crucial to the growth of start-up enterprises. But venture capital can disrupt the authority of management and the founding culture of start-ups. Taking the time to investigate and find the right company's capital is important for the long-term success of the entrepreneur.

4. High valuations are not always good for early startups

High valuations are good for young companies if the development of startups can keep up with market and investor expectations. If your next round of valuations is lower than at first, you'll have a hard time getting a new round of growth investment.

Karl Stark and Bill Stewart think these basic lessons that they see are overlooked in many entrepreneurs. It is believed that when entrepreneurs focus on these lessons, there will be more opportunities to develop their ideas into a profitable enterprise.

In fact, among the entrepreneurs I've come into contact with, I can see such problems arise. But most of the time it's lookers-on. To recover from the enthusiasm of entrepreneurship, but also to retain the passion of the entrepreneur itself is a challenge.