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The former chairman of Shenglong, because of the entrepreneurship on the street, entrepreneurs need to be vigilant

author:Connected voices

There is no risk in hitting workers, but being an entrepreneur is different. Ten years of part-time work are empty, and the end of ten years of entrepreneurship is different.

Why is it that ten years of part-time work are empty? Because it can't keep up with the rise in consumer prices, but wages basically haven't risen, and the outcome of entrepreneurship is different, because it is related to ability.

The former chairman of Shenglong, because of the entrepreneurship on the street, entrepreneurs need to be vigilant

Recently, a 75-year-old tramp in Shenzhen has attracted the enthusiastic attention of the media and netizens, only because he was once the chairman of three companies.

He has successively founded Yantai Garment Company, Hong Kong Shenglong Group Company and Shenzhen Shenglongfa Food Company in Yantai, Hong Kong and Shenzhen.

How can such a successful person live on the street? Many people are very curious, must be multi-millionaires are very rich, how did they end up like this?

Hot news reports, the boss because of blind expansion of the industry, resulting in a break in the capital chain, will end up in such a fate on the street.

Xiaobian actually has other views, which entrepreneur does not want to be bigger? There is nothing wrong with expanding the industry, because the capital chain is broken and bankrupt because of the expansion, which is only one of the reasons.

There are two more reasons for this; It is more worth remembering for entrepreneurs, two of which are lack of business experience, and the third of which is that ability has yet to be examined.

The former chairman of Shenglong, because of the entrepreneurship on the street, entrepreneurs need to be vigilant

Because all entrepreneurs who can succeed must experience ups and downs of entrepreneurial events, and entrepreneurs who can stand up can soar!

It's easy to start a small business, but it's not easy to start a business. Doing business large and small pays attention to interests, but because of different operating models, the moves are also very different.

Doing small business only needs customers, flickering one is one, Xiaobian said a little too much, but that's it! And entrepreneurs can't be so anxious.

Entrepreneurs need to slowly form their own five-step process of "product positioning, model positioning, marketing positioning, brand positioning, and capital positioning".

Doesn't it feel a little esoteric? It's not that hard! As long as you remember the two cores, one is that the entrepreneurial industry is just right, and the other is to master the working capital.

There are too many entrepreneurs who have failed on the issue of blind expansion, and jiang Yuanchen, chairman of Hong Kong Shenglong Group Company, has also made the same mistake of blind expansion.

Only caused the Hong Kong Shenglong Group capital chain to break, chairman Jiang Yuanchen fell to the point of wandering the streets of Shenzhen, entrepreneurs must bear in mind, this profound lesson.

Entrepreneurs need to keep in mind; No matter how ambitious you are, you can't do anything beyond your own ability, because if you fail, you will be in a desperate situation.

The former chairman of Shenglong, because of the entrepreneurship on the street, entrepreneurs need to be vigilant

The main reason for the failure of Jiang Yuanchen's entrepreneurship is that the capital chain is broken, resulting in a chain reaction in his own company.

People who are too idealistic and want to create a big cause, then they need to be vigilant, and they really can't embark on the road of no return to entrepreneurship unless they have to.

Author: Connected Voices

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