Why startups rarely survive 5 years?

Whether most start-ups live for 5 years, what are the reasons for the start-up company to go bankrupt? Well-known entrepreneurs, chairman of the leading holding group - Dr. Li Jianxin remind young entrepreneurs, "venture is risky, investment should be cautious." And in this regard, with the majority of entrepreneurs to share a wonderful article. Hope that the majority of young entrepreneurs to learn from.

1. Technology is not equal to the product, the product does not equal the product. From technology to commodities, you need to go very far, but from an idea to be recognized, to produce real value and income, profits, I am afraid the same.

Some people overestimated their abilities, underestimated the difficulties they encountered, from teamwork to competition to income, plus 5 minutes of enthusiasm dissipated, leaving 90% of the companies to fail in the first few steps.

First think of what their business for. Then the ability ÷ 2, resources ÷ 2, difficult × 2 add up, go to pondering feasible. In particular, get real feedback from your target audience.

2. If working is a practice, then entrepreneurship is a kind of skin-level practice, even overnight. You work, do not deal with a big deal, I am afraid that there is no turning back start, started only to do, and good partners, no partners or partners away from you, but also to carry all their own Stress and pain. When the staff do not recognize you, the family does not understand you, the taste of pain and frustration no one can share, the will of the people is really a test.

This is necessarily related to the character, who seek stability, it is best to start a business before trying to get the worst result go business. Personally think that a better way is to relax, seek progress in the process, even if failed, do not think it is a burden.

in conclusion.

1. Increase revenue and reduce expenditure, the money must be spent on the knife, saving can save as much as possible, have more money in the hand to do more things, go further.

2. pragmatic, think of a idea, or see a business opportunity, the first is to see how much their own resources, how much capacity can be done, how much can be done, and then decide whether or not to do.

3. Survival will always be more important than development, can not survive but also talk about what development.

4. Partners, less than a last resort not to introduce external funding, do not choose partners easily.

Why some of the success and failure of some entrepreneurs, here to be a conclusion.

First, believe the project, believe in yourself. Do not even believe their own projects, to go home early, stay for more than a minute is a waste of youth. Do not believe their own ability, how to make partners trust you?

Second, the executive power will always be the first one. Think about sleeping hundreds, in the morning still so. A program is well implemented and stronger than ten programs. Entrepreneurs to ask themselves, others do two days of things, can one day be completed? Can not be self-examination, not even a good employee can not talk, do not talk about entrepreneurship.

Third, no plan, is blind. What did you do last month, what to do next month, and why? Senior staff should think about this, let alone the company's partners. Think well, think clearly.

Fourth, "Speaking easy, doing it difficult, do not believe you to do?" This is a sentence, is a lot of people say. Entrepreneurs must never say the same! Every entrepreneur should have the courage to meet the most difficult challenges. You do things, employees can do, then let employees do a good job. Difficult to do to partners, partners, there is no need to cooperate with you.

Fifth, put an end to the conditions of immature theory. All the conditions are ripe, it does not need you to do it. Great practice, small and small practices, clever and clever practices, stupid and stupid practices. Entrepreneurs are to create conditions, the stronger the ability to create conditions, the greater the hope of success.

Six, only complain about the most terrible. Complaint is not terrible, only to complain about the most terrible! Business is feeling the stones across the river, pressure, questioning, depression, anger, negative always appear. Remember to complain that this is what you do, but also ask you to do a good job, do a good job, or do their best to help team members. The most avoidable sub-points are not done, Spittle splash.

Seven, lack of sense of crisis, the concept of time is not strong. The story of warm boiled frog we all heard. However, how many people asked myself, is it right in the pot to stay?

Eight, speculation is not desirable. Do the most taboo thing to do, think it is, take it for granted. Not prepared, do not do homework. So there is no difference between starting a business and buying a lottery ticket, the headline is that one in ten millionth, do not be blinded by others' success!

Nine, easy to admit, difficult to correct. It is easy to say your own shortcomings and mistakes, as short as 3 seconds, as long as 3 days. It is necessary to continue to learn lessons and make progress and difficulty. There must be a mirror in my heart, according to a photo a month ago, according to a year ago you!

Ten, harmonious society, Chinese hypocrisy. Harmony venture, and gas ended. Born together, died in harmony! If no one in a team to point out your shortcomings, and you see other people's shortcomings are indifferent to suicide! The first conclusion: To go home early, stay for more than a minute is a waste of youth . Field is a friend, the field is comrade in arms, can not tolerate Chinese hypocrisy.