Entrepreneurship is a process in which entrepreneurs and business partners work hard to optimize and integrate the resources they own or can own, thus creating greater economic or social value. Entrepreneurship is a kind of behavior that requires entrepreneurs and their business partners to organize and manage, and use services, technologies and utensils to think, reason and judge. The following are the questions about venture capital that I brought to you, and everyone should pay attention to them. I hope it helps you.
Some entrepreneurial projects don't need funds or have little demand for funds. However, more financial guarantee is certainly beneficial to your business. The more funds you prepare, the more room for manoeuvre you have, so the higher your chances of success. Therefore, entrepreneurs also need to prepare enough start-up funds and use them reasonably.
First, you must prepare a start-up fund. If there is no money, nothing can be said. The source of funds can be planned through various channels such as self-owned funds, fund-raising, loans and partnerships with others. The more sufficient start-up funds, the better. This is because the capital turnover may be difficult after the operation. Especially when starting a business, this possibility is even greater, and the ability to plan funds while operating is far less than that of businessmen who already have a certain foundation. If the preparation funds are not in place, you may bring down your fledgling enterprise because of a trivial fund. Therefore, it is necessary to fully consider the financing of start-up funds, reserve and use them in a timely, appropriate and moderate manner, and make overall arrangements for the use of funds to minimize risks.
Selling your own movable or immovable property is the most important and reliable source of funds. In the past, rich people kept their money at home and even hid it in the cellar for fear of exposure. Now people turn deposits into deposits and earn interest. In the management's view, money that only charges interest is too slow to increase in value. If money is to be converted into capital, capital can be increased rapidly. Only in sports can capital increase in value, and the funds invested in production and circulation can be profitable. Capital can change the form of value and absorb talents, technology, information, raw materials and equipment. If you find a suitable project after careful selection and have confidence in technology and market, you will decisively invest your money in the project that you fully demonstrate and choose. However, I should remind you that you should leave some reserve funds in case of accidents. As the saying goes, eggs can't be put in one basket. You can set aside a sum of money to buy government bonds and savings for urgent needs in family life and career, or you can handle things calmly.
If the funds are not enough, you can raise funds through relatives and friends or mobilize other bosses to invest. But if you want to convince others, you must have a detailed truth plan and feasibility demonstration. Coupled with your personal charm and verbal persuasion, persuade others to invest. You should promise to share risks and benefits, and use other people's money carefully. You would rather lose money, and you should also ensure that the return on investment to others is fulfilled as agreed. Only in this way can you have credit, and others will lend you money from the source or continue to invest in you. Everyone is willing to help you when you are in trouble. Remember that it is not difficult to borrow again, and people should pay attention to the word "trust" when doing business.
If there are conditions and insufficient funds, you can also borrow from the bank. Usually a loan requires three conditions: first, there is a real estate as collateral; Second, the project should be attractive; The third is to maintain good relations with banks. If you have a house, a car and other real estate as collateral, it will be much easier to get a loan, but even if there is no real estate as collateral, you will never get a loan. The investment prospect and benefit of the project are the main factors affecting the loan decision. Banks should demonstrate the technical and economic feasibility of loan projects. To this end, you must carefully choose projects, collect a lot of information, consider various possibilities, choose the best or most satisfactory investment plan, and increase the confidence of bank loans. The more people you know and know, the higher your trust, and the easier it is to convince. It is very important for operators to maintain good relations with bankers. The initial loan to the bank should not be too large, otherwise it will be difficult to succeed. From the beginning of micro-loans, every time the loan expires, it will be repaid on time, and gradually gain the trust of the bank, thus obtaining greater loans.
It is worth noting that entrepreneurs must be cautious about loans. Entrepreneurs must ensure that they can repay the principal and interest on time, because this matter is related to the business credit of entrepreneurs. If you lose your business credit, your enterprise will also be sentenced to death. Therefore, the rational use of investment is a compulsory course for entrepreneurs. Entrepreneurs must have a strong sense of risk. While ensuring the project investment, they must leave enough working capital, so as to minimize the risk.
Further reading
1, who are you?
Entrepreneurs often don't know who they are-what do you want? What are you suitable for? What resources do you have? Before starting a business, entrepreneurs must be clear about what they have, and how big is the gap before pursuing their entrepreneurial goals? How many difficulties are there? In the process of providing some business advice to consultants, we met many entrepreneurs, either a web producer, a newly graduated clerk, or a rich unemployed family who wanted to do great things. Without knowing their own reality, because of an idea, a friend's suggestion or even a temporary impulse, they vowed to start a business and become XXX (usually a super entrepreneur). Therefore, we suggest that friends who are ready to start a business should first know who you are.
2. What is entrepreneurship?
As soon as I write this topic, some people may think that I am being melodramatic here: How can entrepreneurs not know what entrepreneurship is? Ha, what I want to say is that many of our entrepreneurial friends are desperate to start a business because of impulse, with a good idea or a sum of money. What is entrepreneurship? This is a systematic project. When you become a boss, you have to consider a series of things, such as people, money, things, progress, sales, warehousing, competition, market segmentation, positioning, management system, financial control, exit mechanism, budget and so on. At the beginning of your business, even a mistake in site selection may doom you to be a failed boss and cost you millions. I'm not here to emphasize the difficulty of starting a business. I just want to tell my entrepreneurial friends that entrepreneurship is risky and needs your rational face and teamwork to help you.
3. What do you need to prepare?
A friend who wants to start a business must have one or more definite material or spiritual wealth in his hand, but this is not enough. You should think more about things you are not familiar with. Yesterday, my friend asked me what I need to prepare for starting a business. I have roughly summed it up: entrepreneurs must first prepare the following points: a. Sufficient and feasible project plans. Your business plan must be comprehensive and feasible, and it is best to have the approval of financial experts and consulting experts.
B, to have a clear business scope and core competitiveness. In other words, a positioning question, what is your business? Compared with similar competitors, what is the core of your business that others can't do? Of course, some entrepreneurs think that I just need to learn from the success of others, and the market is huge. In fact, when there are obvious winners in the market, it means that the market is close to saturation and has entered the late stage and mature stage of development, and it is not far from recession. Enterprises that can succeed in this market have their obvious advantages and core competitiveness. As a start-up, you may be short of funds in some aspects, for example, however, you don't have technical strength. With technology, employees may lack experience. With experience, the market may be difficult to enter or the cost is too high. Be aware that many mature markets are capital-intensive or technology-intensive. You must think rationally at this time.
C. experience as a boss. Once you climb to the top of the mountain, you will see that other mountains look very short under the sky. When the boss is at the top of the mountain, it is the mouth of the river. When entrepreneurs came here, their horizons were suddenly broadened. At this time, it is also the easiest time to get lost. Therefore, I agree that it is better for entrepreneurs not to jump directly from an ordinary employee to a state of starting a business (starting a business here, I mean starting a business by establishing a company system), but to have a process, such as being a manager and vice president for a period of time, which is more conducive to entrepreneurs' starting a business. Many bosses used to be marketing talents, and many bosses used to be technicians. It doesn't matter. The key is that you should master that the main job of being a boss is to manage, not to let you do one thing well, such as making lists and writing programs. Maybe this is what you used to be most proficient in, but after starting a business, especially after a certain scale, management should be your most proficient. You chose to be the boss, and since then you have been insulated from the name of an expert. At this time, you should learn to grasp the essence of things and the lifeblood of enterprises. Maybe many entrepreneurs say that I have read many stories or books of successful people and have "rich" experience, but I tell you this is wrong, because theory is used to guide practice, you have not practiced it, and you have not turned those theoretical things into yourself through mastering and applying the process. It is useless for you to read more. In addition, many successful people have their own personalities! Their success is determined by his specific environment, entrepreneur's specific personality and specific course. In today's rapidly changing market situation, many successful cases are not exemplary, so I suggest that you read successful books and listen to the stories of successful people, and you must understand their psychological will and process of starting a business, not the specific process of starting a business, because you can't copy them directly. So there is only one way to gain experience, and that is practice.
The only meaning of books is enlightenment.
4. Look at entrepreneurship from a dynamic perspective.
There are two pairs of categories in philosophy: absolute and relative, motion and stillness. It is said that there is no absolute truth, only relative truth. It can also give us a lot of inspiration when used in entrepreneurship. It tells us to think about entrepreneurship from a dynamic perspective. For example, if you think about the positioning of your enterprise in advance, you can make a decision based on your past experience and field first. When you come to the hands of a strategy book that is still very fragrant, you must not think that this thing is the unchanging creed of your enterprise for 20 years. At this time, society is developing, information is more abundant, and the speed of information dissemination and collision is getting faster and faster. Learn the competitiveness of the ship-easy to turn around. In a rational state, we should learn to change, from the quantitative change of entrepreneurship to qualitative change. Therefore, in the face of entrepreneurs' static view of the state of enterprises, my view is "in this world, the only constant is change!" . Entrepreneurs must learn to be diligent in thinking, summarizing and planning. Only in this way can we be in an invincible position.
5. How hard are you going to make a decision?
A decision is a decision. No big deal. After you make your own plan and timetable rationally, please don't think too much and make a decision directly. There are many entrepreneurial friends. I agree with their cautious attitude before making entrepreneurial decisions. Yes, there are many things to consider when starting a business: I can't wait for my salary every month, and I have to earn money to support myself and my followers. Maybe I'm afraid to see my monthly bill from now on ... but I don't agree. After rational thinking, I think I am a friend suitable for starting a business. At this time, what I want is courage. The wind blows easily, but the water cools. Entrepreneurship is to stimulate your potential and challenge yourself. Real entrepreneurs are afraid of no difficulties. If they have difficulties, they will certainly be able to hone themselves and achieve great things, so start a business and do it! !
6. Have you left yourself a way out?
Are you scared? No, I'm not afraid. Entrepreneurs should have the spirit of going forward at the beginning of starting a business, but they should also rationally consider the back road and exit mechanism. Because any investment has risks, this is a truth. Therefore, before starting your own business, you should try to think about the possible bad situations and bad aspects. After thinking about your exit mechanism, concentrate all your energy on starting your own business.
7. rely on everyone's strength
The strength of the team is the greatest, because no one is perfect and everyone has defects, but through the cooperation of the team and the collective, a good complementary effect will be achieved, thus minimizing the shortcomings of individuals and promoting the advantages of everyone in the team.
8. What is the most important thing?
Actually, nothing matters. What matters is yourself. Because only you can create, change and overcome many difficulties, and what is the core state as an entrepreneur? I think it is subjective initiative, that is, self-awareness, entrepreneurial awareness and firm belief. Your own strength is infinite, which proves it, because human beings have transformed the earth from a humble little animal into what it is today, which shows this truth. I believe that as long as entrepreneurs can persist, know how to think and implement, they will succeed in the end.
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