A year of entrepreneurship failure summary: About Angel Investment, spending and direction

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In fact, it should have been written, but one is not particularly open to discuss the fact that the company liquidation, the second is written will offend some people, but carefully think about if not write down, may be a lot of brothers or detours, burning their own, illuminate everyone.

Many brothers come out to start a business, regardless of success or failure, is a good thing, defeated you will grow up, become happy.

The first sentence is: Entrepreneurship is not gambling, but building a house, skyrocketing people do not exist, anyone is from the foundation to step by step, genius is only a few years earlier than you start accumulation. There is no shortcut, the road from the beginning is doomed to be a desert trip, don't expect to be relaxed and happy.

Angel Investment

The first hurdle many brothers encounter is that they have no money.

So here's the question about Angel investment.

A few guns, a few brothers, direction also have, but no money. Then 80% of people are looking for investments, or other investments.

Stupid, why let others pay for your future?

Investment, regardless of who voted, is to return, investors and bankers, like a sunny day to borrow umbrellas, rain umbrella, has always been so, do not expect any investors to timely help, investors money is not a strong wind blowing, they are still responsible for the investors.

If investors say "keep in touch", then don't wait, short term, or investors to observe you, really want to vote for you, will be signed in a week deposit.

If you do not get the investment, then oneself tighten the belt to open dry, for the game practitioners, no investment, you see the opportunity, do not delay time, hurriedly open dry, dry to the game shelves, assuming the direction is correct, a little bit of exposure, will definitely be cast.

Wait, waiting for no investment, will make investors doubt your motives.

Example: I started my own business in November 2012, looking for 80+ investors, no one, May 2013 game shelves, the 3rd pay list, a week after the investment.

Another question is, whose money

There are several investors (or institutions) on the market

1. Regular institutions

such as IDG, innovation workshop, etc.

This kind of institution belongs to the most reliable category, the paperwork is complete, the backup structure is many, the legal affairs finance you need not worry about, the prestige is quite good, the Brothers Enterprise multitudinous.

Hard to say shortcomings, you are weak will not save, you strong help you fly.

But in summary, for ordinary entrepreneurs, non-XX department, unlisted company executives, take this kind of the most reliable. Valuations don't treat you badly, money doesn't pay you back, and there's no less support.

2. Well-known investors

such as Wang Feng, Lei, etc.

Well-known investors are divided into true and false, we have to distinguish, if with a well-known investors have contact, the other party has the intention, must be with the industry friends to investigate clearly, some well-known investors are actually not as good as Shanxi coal boss.

To blue port, for example, its investment projects less, but absolutely not dead, from the game Valley to the art of entertainment, are caught in the dilemma after Wang Feng vigorously pull strings and then the big.

Lei's example does not lift, will not look at you to die, really cannot go down also will call the brothers company to acquire or to register.

It is privilege to be favored by such investors, but it is sometimes a big pit to receive more surveys.

3. Small and Medium institutions

Not one of the examples, such characteristics are generally, a question no case, and then asked to stage, three asked no deadline.

Do not take this class, or wait for your only one way.

4. Tyrants

This is the case for coal bosses, property developers, and venture capital companies.

It is characterized by high valuations, but no understanding of IT at all, let alone hand-swimming.

If the relationship is reliable, it can be considered, but if there are any other investments that are reliable, do not choose this category.

5. Strategic Investment

If Tencent is willing to vote for you, you must kneel.

The same can be verified by the perfect giant Sohu, etc., because they will not only invest in your product if appropriate will also buy. Swimming in a variety of cases (Seventh Avenue) and so do not say everyone knows.

Less opportunity, generally not met.

Similarly, if you are a proxy product and refuse to invest ... You might as well act as an agent.

Ii. budget spending

Never advertise on your own!

Never advertise on your own!

Never advertise on your own!

No matter how early the market, the blue Sea classification, advertising is really not the early start of start-up companies to bear, for example:

Company A, financing 3 million, 100 put, 18 months dead

Company B, financing 3 million, agent gold 1 million, although the first product failed, but continue to survive

Yes, company A is me, no explanation, bloody lesson.

Employee salary This is a matter of opinion, if you are an orator, incite home, your brother can not take money for 12 months will not reduce efficiency and will not go, that can save the province.

If you are not, at least not below the industry average.

Renting a house is not shameful! No successful company started directly from the office building!

Iii. direction

The safest direction is that you are already at your best, and you must strive to be stable before you make ends meet.

For example, you do in the previous company is the Tower defense, very successful, you start the first project must be a tower defense, don't think of anything else!

Integrity is passers-by, and so you NB can be slowly picked up, died on nothing, but also talk about what moral integrity?

When you find a blue sea direction, there must be 10,000 people thought of, and then 1000 people to do, 100 finished, 10 made money, 1 earned a turn. The idea is worthless before it is realized! If you believe in yourself, you have to go ahead!

Three body inside Vader said: Only send the brain!

Meaning, you set a goal, then even crawl, also want to climb, the goal is to do a tower defense game, June 1 online, then no networking? Chop it! Weird art style? It's okay! is the program not implemented? A substitution! In short, you must achieve the goal, of course, this goal must be meaningful (with investment, agent, or income)

Iv. Summary

Entrepreneurial ten dead, I contacted the hands of the successful entrepreneurs, in fact, are veterans, do die Company, is standard:

"World War II" Wu Gang: The end of blood Lions author

Touch Chenhao Zhi: Years of Internet entrepreneurs, love Card Automotive Network founder, founder of the Golden Age collection Network, Cocoachina investors, director of translation network, general Manager

"Heroes and Souls" Wang Diyi: Six years of continuous entrepreneurship

My name is MT Shanhu: President of the original Kylin game

As for some "young to No" "successful entrepreneur", I can not roll, only to tell you, real boss another person, at the front of the "CEO" is just a mascot.

Remember, as CP company, product NB is your only hard power.

So don't spend too much time on other things, the ultimate goal of hiring is for product NB.

I wish the entrepreneurs will be more and more brave!