Don't pay too much attention to technology? Many start-ups always have technology before looking for the market at the beginning of their business. When technicians are dominant, start-ups often indulge in their own advanced technology, without paying attention to the study of user needs and consumption habits. Similarly, because entrepreneurial entrepreneurs pay too much attention to technology and products, they often don't pay enough attention to the formation of marketing and management teams, and they will overemphasize products and technologies when introducing them to investors. ?
Investors are more concerned about whether entrepreneurs can build a profitable enterprise. The technology or product is very good, but there are many examples of enterprise failure; However, there are many successful examples of enterprises with average technical level. Entrepreneurs of start-up companies should focus 50% on marketing, 30% on team building, and only 20% on technology and other aspects. ?
Familiar with the industry in which the enterprise is located? Entrepreneurship needs to do what you are familiar with and avoid blindly entering unfamiliar fields. . Before financing, we must do a good job in market research. Don't deceive yourself and tell others that you have no competitors, because no investor will believe this. If there are no competitors, it only means that the market you choose is too small and specialized to be worth investing in. On the other hand, it is also a good thing to have competitors; This shows that you are not the only one who is optimistic about this market. You can use your competitors as a reference to illustrate your competitiveness. ?
Strengthen management team building? In the process of enterprise development, we should foresee the development trend of enterprises, find effective managers in time, and delegate power to them in time to avoid too much involvement in daily chores. ?
Good at using external resources? Usually, we should actively establish a business relationship network, including users, suppliers, industry associations, relevant government departments, professional consultants, etc. Relationship networks often play a key role in the success of enterprises. ?
Don't neglect financial management? Remember that "cash is king", care about corporate cash flow and use cash resources carefully; Pay attention to the cost at any time to ensure that the market price of your products is higher than the cost; Don't be too optimistic about sales, otherwise it is likely that sales will not go up, but expenses will go up.