5 things to know in advance when starting a business

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Entrepreneurial hardships, entrepreneurial not easy, we saw a lot of entrepreneurial success, the entrepreneur scenery Unlimited examples, people envy unceasingly. But not everyone has the ability to start a business. In order to maximize the avoidance of entrepreneurial failure, before starting to understand the following five things, or to the start-up, late May regret all too late.

1, before starting a business, please be honest about whether you have a business talent, whether you can get a group of people. Entrepreneurs are no longer employees, and successful startups require a disciplined, disciplined entrepreneur. The reason why most startups fail is that entrepreneurs think they are still employees, they are not qualified as leaders, entrepreneurs, and they think about traditional work concepts and what they do. There are jokes that if you give employees a day of leadership opportunities, he will certainly give himself a vacation, such employees are absolutely not qualified to start a business. Entrepreneurs do what they think they need to do, especially those that are bad, and the average employee just evades the problem.

2, spend money carefully, cherish every penny. Even with the support of VCs, pay careful money and think of it as earned. Pay the rent of water and electricity, buckle the oil rice bubble noodles, plus to staff wages, must be "preoccupied." Many startups have gone bankrupt before products have been developed, and some are owed a debt.

3, remember that "a male companion is like a Wife". Your entrepreneurial partner should be as close and intimate as your spouse. Choosing a partner should be as careful and cautious as choosing a wife, or it could have disastrous consequences in the future.

4. Try your best to do market test. In the entrepreneurial planning stage, everyone has their own market views. But not everyone's point of view is correct, only those who after careful market research, really in-depth understanding of 11555.html "> consumer demand of the view can pass the test of the market, to achieve a career."

5, do not believe that they hired PR, listen to others. Self-confidence can accomplish great feats, arrogance and self-deception are the poison of entrepreneurship. The Ponzi scheme king, Madoff, was also a law-abiding businessman, and later, in order to satisfy his inflated desires and arrogance, he continued to listen to other people's good words, the word, began to take illegal means to collect, hurt too many people. Always remind yourself of the task you want to do and remember your abilities.

Article Source: Quora