How to reduce the risk of failure in the process of entrepreneurship?

I feel that projects, money, people are important. Three are indispensable.

The project is relatively the simplest, and people are relatively the hardest.

One said the project, choose some more easily bigger projects. Others do not think of, do not want to do.

(1) New industries, new market segments, the blue sea phase, most of the competitors are not strong, this is a good time.

Ma Yun did the Internet, most people do not believe that the Internet can do business.

03 Someone in the house to sell adult supplies, a person every day in the chat room to send harassment information (I have xxx here, want to add me qq), this method to help him earn hundreds of thousands of a year. At present, this person's company annual sales of tens of millions of.

Anti-Example: In recent months to see a lot of o2o start-up entrepreneurs, with the United States Regiment, hungry do exactly the same business, I seriously do not look at them.

(2) matching your own resources

What I have done before and what I am going to do after the Spring Festival are 100,000 of projects that can be quickly profitable. I'm not going to be like some entrepreneur, counting on who's going to give him how much, and then he'll be "China first".

(3) Projects must be understood by themselves

That industry again good, that project again make money, you do not understand must not go to do.

The standard of the project, you can refer to the room Xiyuan "enterprise financing Whole process" series of videos inside the "Good Project" standard, potatoes have, free. Xiyuan has been a U.S. investment fund representative in China, is responsible for reviewing investment projects.

Two say people. People are more important than money in projects. 1 people and the project match does not match, 2 people and competitors than the bad. We go to Baidu under the founder team of Millet, and then think, why millet a few years time can do so big.

Most entrepreneurs are not celebrities or Daniel, but good people can make outstanding projects into excellent projects. This sentence is a bit awkward, give a few examples.

A very famous example, Poly-Mei excellent product. Chen Au came back from Stanford, took Xiaoping's VC and wanted to play a game, but found it impossible. What to do? Change Items! Change to buy, found or wrong. Change it! Replace it with cosmetics and go public.

b Another example, XX quick pass. Lenovo Group 10 People's team, said: give you 100W knife, you do a mobile phone application, a year later to do 1 million users. Team ask: What application? Answer: You think, time to start! Do not want to do any project well, the time began! In such a hasty condition, the team after a series of groping, made the eggplant fast biography. To "The time is Over", XX Express already has 5 million users. (The application of the current user has broken billion, billions of power and Sina technology have news so said, as to whether the soft text please identify yourself.) January 10 added)

C This is not an example, is a phenomenon. Excellent entrepreneurs are not worried about no one to invest, even the organization to see people do not see things. As long as anyone who does, I will vote.

I feel that many entrepreneurs (would-be entrepreneurs) don't know enough about the importance of people. I attended several entrepreneur gatherings and found that most of the people were gushing about the project, saying that I had a lot of good work on the project, but when I was talking to the team it was a stroke of the team. I myself in the past few years to "people" understanding, nor now so profound. Especially learned about the rapid development of eggplant, I was ashamed of my previous ignorance. At the same time, fortunately, they have not been due to this lack of awareness of the actual loss caused. Previously thought: "As long as the project is good, people almost does not matter." "Now think about:" In case of a few cattle (such as eggplant quickly preach this gang), how long can it? "Cold Sweat ~ ~ ~ Drink Water pressure yajing ...

Just talking about the importance of people, then what kind of people is good?

1 core people, such as Ma Yun

(1) strategy. Strategic planning is the foundation of many of the things that follow. Of course, you have to understand the strategy as a castles Gao, but also basically similar.

A for early entrepreneurs, without this pie, you have nothing.

B the ceilings of many companies depend on the strategic vision of their bosses.

C nothing. Early-morning entrepreneurs, with strategic planning, can attract people and money.

If Mr Ma does not say that the target is China's first, Asia's first or even the world's first electric business platform. Will Chua go with him? Son going to dig 20 million bucks?

(2) Ability to persuade

Everyone is talking about Ma Yun's bragging, but this is not bragging. Persuasion is a combination of skills, to a market for the industry on the product to the macro trend of micro-details have to have a very deep understanding, b the responsibility allocation between the partners should be properly planned, c it is important that you have a reasonable and legitimate, in order to make them believe you, especially those who are more powerful than you believe that you can do.

These two points together, (1) is to create a dream, have a dream to attract resources, (2) is occasion, integration of resources and rapid development.

Excellent boss, to understand people, to be sensible, to understand money. This is probably the case, not comprehensive, only for reference.

2 Core team members. Ability is complementary, attitude is in place, not necessarily Daniel, but there is room and will to improve.

A ability to complement, this simple do not elaborate.

b attitude in place to really together, this is the lubricant of the gears. I am a small shareholder (because there is no money), the company's decision-making power to the majority of shareholders, my attitude to the major shareholders is: even if you make a mistake for the whole company to lose, I will not blame you. This is my attitude.

C is willing to improve, this is good to understand. Entrepreneurship is a process of perfecting oneself.

Also, as a partner, people who have some expertise in another field (such as technology) also need to have a vision of seeing things. Because I found that a lot of people who have skills are not reliable boss fooled, if you are fooled, you can only blame their own eyes.

What needs to be explained is that human complexity and uncertainty is not fully described in language, I said above only for your reference.

Three say money, money this thing is also complex, also simple.

1000 entrepreneurs, you can get less than 10 VCs, or you can prove that the project and team are good enough, otherwise feel at ease with their own money to do things.

About three aspects. Early entrepreneurship, just a little bit of the line. A product, a channel, do pass on the profit, it succeeded, from 0 to 1 This step is completed.