Entrepreneurship is a high-risk occupation. About 6,543,800 enterprises close down every year in China, with an average of 2 enterprises closing down every minute. The average life cycle of more than 80 million small and medium-sized enterprises is only 2.9 years, less than 7% survive for more than 5 years, and less than 2% survive for more than 10 years.
The time to start a business is only about 2-3 years. From this time on, if we can persist for more than one year, we can say that it is successful to some extent.
Only a few lucky people can succeed in starting a business, but they often have a narrow escape and experienced 81 difficulties. Such as Shi Yuzhu, Yu and Liu.
For most people, starting a business is just an experience, in order to make life without regrets. I have tried, and I have the memory of trying, that's all.
Starting a business requires start-up capital. Except for a few people who can get angel investment and further get A and B rounds of investment, most people have to rely on their own capital to start their own businesses.
In addition to work savings (may have been prepared to buy a house), that is, the pension money prepared by parents.
If the family conditions are good, take out hundreds of thousands and millions for two years, and everyone will be happy if they succeed. Failure will not affect their later life, and this is the best ending.
For more people, if they don't start a business, they simply can't afford to buy a house by working. If the business is successful, there is hope for buying a house.
However, most of the possible results of starting a business are that it is unsuccessful, you can't afford to buy a house, and you have to work for many years to pay off your debts.
The higher the risk, the greater the income.