laitimes

After nearly 20 years of entrepreneurship, let me tell you which pitfalls entrepreneurs are prone to step on

author:Writer and publisher Yao Maodun

Today, talk to a boss who does business consulting. We talked a lot about entrepreneurship and talked very deeply. Everyone lamented that nowadays, it is too difficult to start a business. Not only must we face fierce market competition, but we must also tense our nerves and respond to rapidly changing market changes at any time.

I would like to take this opportunity, as a veteran of nearly 20 years of entrepreneurship, let me tell you, for entrepreneurial novices, what pits are easy to step on?

After nearly 20 years of entrepreneurship, let me tell you which pitfalls entrepreneurs are prone to step on

Many novices entered the entrepreneurial market completely with enthusiasm and did not think too much. In fact, in the early stages of starting a business, it's crucial to conduct in-depth research on your target market. Many entrepreneurs ignore this and go their own way, ending up in trouble because they don't know enough about key information such as market demand, competitors, and their own strengths.

Although Ma Yun did not think clearly about the specific business template when he was doing Taobao, he still achieved his own business empire. But this time and that time, and other people's things are very difficult for you to copy. Generally speaking, having a clear business model is the key to entrepreneurial success. Objectively speaking, although some entrepreneurs have good products or services, they encounter difficulties in business operation due to the lack of a clear profit model and sustainable development strategy.

For entrepreneurs, money management is crucial. Especially in the early stage of entrepreneurship, the income and business are not stable, and some entrepreneurs have problems in the capital chain due to lack of financial knowledge or overly optimistic expectations, resulting in difficulties in the enterprise. Therefore, from a security point of view, entrepreneurs must know how to manage funds, control costs reasonably, and always keep an eye on the financial status of the business.

There is a good saying that a rat poop spoils a pot of soup. For entrepreneurship, an excellent and united team is the guarantee of entrepreneurial success. However, some entrepreneurs do not inspect the core team members effectively and coordinate them insufficiently, resulting in poor team collaboration, and even hindering each other, which ultimately affects the development of the enterprise. If the core team is not united, it can be fatal for the business.

Nowadays, there are many temptations. In order to make quick money and grasp business, entrepreneurs are easily blinded by short-term interests and even take risks. In fact, if you want to develop a more stable enterprise, it is better to have a little rule. Therefore, entrepreneurs must abide by various laws and regulations and public order and good customs, and be honest people seriously, otherwise they may face serious consequences.

In short, starting a business is a hard job, and there is a question of probability whether it can be successful. But since you have chosen this path, you must always be vigilant to avoid falling into the above traps. Only with full preparation, reasonable planning, and attention to detail can we ensure that the road to entrepreneurship is smoother.

When it comes to entrepreneurship, I have stepped on many pits, gone through many detours, and had a lot to say over the years. In order to allow entrepreneurs to reach the other side of success as soon as possible, I co-authored a book with Mr. Du Chunxiang, an entrepreneurial mentor, called "30 Minutes to Learn to Start a Business", which focused on 7 key issues in the entrepreneurial process for in-depth discussion, the content is easy to understand, and there are many cases, and specific operational suggestions are put forward, and strive to make Xiaobai take fewer detours!

30 minutes to learn entrepreneurship Genuine books selected good books ¥35.4 Buy