Entrepreneurs need to cherish time

At different stages of the company's operations, many of the companies that have just been created face a variety of crises. In the face of the crisis, as entrepreneurs, investors, or a member of the company, when faced with the crisis how do we choose? Venture capitalists such as Twitter, Tumblr, Foursquare and Zynga, In his blog, he shares some of his knowledge of startups in crisis:

My partner Albert, on his blog, has a suggestion on this point: Don't waste the precious crisis. I agree with him, and this point of view has brought a lot of inspiration to my career.

When your company has some problems, many people's first reaction will be to cover up all problems in order to avoid disturbing the company and beyond. And I have to say that it might be a better idea to admit all the mistakes and turn them into your strengths.

Change is often a mixture of pain and discomfort for an organization, and a crisis offers a chance to change, just to see how you use it.

Maybe you're facing a corporate financial crisis and the current economic environment is making you nowhere to raise money; maybe you're in the midst of a corporate mess; maybe your company is involved in the negative news ... There are many, many crises that will make you and your company unexpected, but none of this matters, and it is important how you turn these negative factors into your strengths.

I've seen an asset management company change its business model and organizational structure during the financial crisis, and the company has become more vibrant after the financial crisis.

I've also seen an entrepreneur, who has changed his organization, reconfirmed the new direction of product development, and built a leaner team, in the face of the loss of several key talent in the team. The company soon emerged from the plight of the brain drain, and the newly developed product was also a success, and the company began to make a sustained profit.

There are also a number of related stories to prove that the crisis is not only harmless, but can bring an organization more clear and sober goals. So if your company happens to be experiencing a crisis, think about it as a valuable opportunity and make a difference. Such an opportunity is not to be missed.