What are the early symptoms of a failed venture in the investment community?
Source: Internet
Author: User
KeywordsEntrepreneurship
Recently, some people in the foreign social http://www.aliyun.com/zixun/aggregation/32531.html "> Question and Answer website Quora" Several symptoms of the imminent failure of entrepreneurship, caused by foreign entrepreneurs and investors of the big discussion. Tech2ipo for you selected a most popular answer, sharp words, please entrepreneurs to see if they have these symptoms, "the right remedy."
The product cannot meet the needs of the target user group. Like watching 3D movies on TV, if you ask people why they like to watch 3D movies at a movie theater instead of watching 3D movies at home, it's because even if the user has a 3D-enabled TV in their home, they'll feel that 3D's 3D is simply not going to be able to compete with the movie theater. So they tend to watch movies at the cinema.
Dare not try to think. As an entrepreneur, I can make it clear that most startups start with hype and bragging. This hype and boast is very useful, entrepreneurship is very difficult, very painful, so you must make yourself feel very cool. But hype is also risky because it makes people feel like you can't fail. If the start-up team doesn't do something on the ground, there will be more trouble after the limelight. Because after the Thunder, you will find your thoughts rotten. So be sure to let yourself know the truth in the early stages of your business, rather than indulge in the illusion of the future.
Care for users is not enough. If you expect your business to be able to serve consumers in the next few years and develop new features for them, I think you must love them. YouTube's first designer, an old friend of mine, likes riding his own motorcycle to the user's home to see how they use YouTube, and he can really appreciate the user's ideas.
Choose an industry that doesn't fit. If I don't like sports, I'm sure I won't start anything related to sports. If I want to make the best product for the user system, then I must always think about the user.
Don't care enough about the team. Is there a conflict between team members? Is there a conflict between entrepreneurs? Management does not know how to employ? An enterprise does not understand the mutual love, how to care for users?
Pursuit of perfection. The pursuit of perfection can harm oneself. Do you know what the early adopters are most concerned about? For startups, that's enough to stop trying to manage other users ' advice and problems. If you put your energy into these chores and try to make a perfect product that meets all the needs of the public, do you have so much time and energy?
Regardless of the return. Many people do products, not deals. What is the difference between a product and a business? You have to earn money to feed your business. Making a product sounds exciting, but doing business sounds corny. Only when your business has enough foundation can you say that it is a product. Do products do not take into account costs and rewards? Funny。
Too concerned about other people's ideas. Some worry about competitors ' ideas, some think about how friends think, someone chasing Silicon Valley, and more thinking about investors. Don't think about it, think more of the user's idea is a serious matter, but also adhere to their own style and goals.
The original intention is wrong. You're doing business? Or do you want to get rich overnight? Or do you want to be famous for the newspaper and the headlines? Or do you want an early one that only the entrepreneur wants? Not expecting for the future? The wrong idea leads to entrepreneurship, and surely leads to failure.
The ignorant are the most fearsome. The duck effect tells us that an ignorant person is easier to be confident than someone with knowledge. The average successful start-up team doesn't know that their team is great, but the ignorant team is blindly and confidently thinking that their team is strong. Such ignorant entrepreneurs are dangerous if they start a business.
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