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Industrial Investment Author of this article: Chuangjian, compiled by Huamanlou 2015-07-26
When you start a business for the second time,Looking back at your first entrepreneurial experience, you will definitely find areas of dissatisfaction,At this time you can easily become your own harshest critic in the world,Please don’t do this。You need to read the 10 suggestions in the article!
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The author of this article has successfully sold a company,Coming back as a "second-time entrepreneur"!At the beginning of this business,He wrote these 10 maxims for himself,Remember them no matter what happens。

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If a person can get you from point A to point B,Doesn’t mean he can get you from point B to point C。Of course this is easy to understand。So,If someone at your first company sent you from stage B to stage C,Doesn’t mean that the next company will take you from point A to point B。Also,Recruit the right team while maintaining a reasonable size of the entrepreneurial team。In the early stages of entrepreneurship,The most important thing when recruiting talents is speed,Need to immediately invest in the execution in front of you,At the same time, we must have the ability to cope with the current chaotic situation。If the team needs to be organized at the beginning、A person who can do things with structure,Then there is no doubt that you have attracted time bombs one after another。Same,If 188bet app you find some people who cannot follow the rules and structures in the late stage of starting a business,Then you will still face a disaster。

2. If you want to ask what qualities startups need most,If I could only say one,Then it is "the resilience of never giving up"!

Nothing can ever be smooth sailing from the beginning,There will definitely be various tests and challenges。Sometimes,You need to spend more patience to make your ideas come true;Sometimes you need to dare to correct your previous wrong assumptions;Sometimes customers cancel orders,Tit-for-tat competitors make you feel on pins and needles,But no matter what happens,You need to ensure that the members of the team do not get into trouble。You need employees who can take a beating,Never back down,Find every possible means to complete the set tasks。I think,One of the best quotes I’ve ever heard comes from Paul Graham:「Startups will not die due to external invasion,They often die by suicide。》

3. If there is no solution, don’t talk!

In addition to perseverance,We also need to be optimistic and curious,This is an essential quality for every early employee of a startup company。Start-ups must be full of controversies in their early days,The emergence of various fresh ideas,But only those ideas that can lead to solutions are worth putting on the table for discussion。If you talk about it, you won’t be able to implement it in reality,Then it’s like a car driving into a dead end,It’s like you’re still blindly wasting time wandering around looking for a way out。

4 Don’t sacrifice company culture in order to enhance the so-called professional competitiveness

This experience cost us a very heavy price!First you have to determine a corporate culture that includes your values,Then take this culture as the premise,Looking for employees who have the same understanding as you,Don’t look for new people outside this culture。This is easier said than done。No matter how high this person’s professional level is,If he can’t fit into your team culture,Or to put it simply, I can’t get along with your other employees,Then it’s better not to let him into the startup in the first place,The longer he stays,The greater the harm caused to the company!

188bet  app5. You need to quickly identify who are your real friends

Of course there are few people in this world who are worthy of your trust,This is self-evident。This is also true in the entrepreneurial circle,It is also the trap that is most likely to make you pay a huge price。

In my memory,When our startup reaches a certain scale,And when it occupies a decisive position in the market,You will find that countless friends suddenly appear around you,But if you choose to start from scratch,Due to various reasons,When you can’t do anything for your friends,They will all disappear,Only at this time can you identify who is your real friend。Only a very small number of people are willing to risk the world’s disapproval,We will help you with all our resources。

6.Excellent investors can indeed promote project progress,But they are rare,And their capabilities are also limited。

Investors can indeed add motivation to your entrepreneurial journey,But they can point you in several directions,At the same time,They can’t replace you in building an excellent operations team。It does have to rely on investors to a certain extent,But you have to note that they are not 188bet app in the same trench as you。Sometimes short-term benefits and long-term benefits、The interests of investors and the interests of the company are not always consistent。The help investors can provide to startup companies in the early stages is mainly reflected in the following parts: Improving the credibility of startup companies in the industry,Help with recruitment、Make some very important referrals,Of course, in the end it’s up to you to integrate all these resources,Knead everything into the most ideal shape according to your wishes。

7.Let angel investors join your team if possible,And form an advisory board。

It is extremely difficult to do all this from the very beginning。The resources you had at that time could be said to be very limited,The company’s development momentum is not yet obvious,So you need to continue to maximize every achievement of the project!Angel investors and advisory board members play a very important role in your startup。Sometimes the cost of hiring these people is not very high,Besides, some of the angel investors and consultants later became our customers and investors。

In the early stages of entrepreneurship,I know we really needed to expand our engineering and technical personnel,So we try our best to create a network that is open to the outside world。Leverage our angel investors and advisory board,We have the ability to do it without paying a lot of cost

8.Keep your core competitiveness firmly in your hands,Outsource everything else!

Please first confirm what is the cornerstone of the company's success,Then start building a team around it all,In the early stages of entrepreneurship,Although we were already very convinced of our competitive advantages at that time,But because 188bet app download we really want to enter the market early,So the two most critical initiatives were outsourced,In the end we spent a lot of time and money on this to make up for our negligence。If we hadn’t held most of our core competitiveness in our own hands,I’m afraid we will be completely eliminated from the market by then!

9.Second entrepreneurship because of the previous foundation,Getting investment will be relatively easy,But there is nothing easy at the execution level。

This may surprise many people。When you get older,There must be various things outside of work that involve your energy,Distract your attention。But if you have ever successfully sold a company,Then the probability of capital coming will indeed be much higher。This is very important,It keeps you at the negotiating table longer,When you try to grasp the market product fit,Cope with some challenges in the early stage of starting a business as much as possible,Correct some of my previous miscalculations。

10. Please remember to give yourself some confidence

When you become an entrepreneur for the second time,Looking back at my first entrepreneurial experience, there must be some dissatisfaction in one way or another,At this time you can easily turn into the world's harshest critic of yourself,Please don’t do this,Don’t let past experiences become a burden and debt。Please believe in yourself and your team,Try to constantly review the progress of this venture so far in the practical process,Make sure how far you have traveled,How many journeys need to be continued。

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