Tips For Preparing Entrepreneurship

Preparing the business plan is the future perspective of the project. We should carefully explore the reasonable ideas, confirm the necessary resources needed to implement the project, and seek the necessary support process.

It should be noted that not all entrepreneurial programmes should include all of the above three syllabuses.

There are great differences between the different contents of entrepreneurship. According to the nature and characteristics of venture businesses, the content and structure of the scheme are designed according to the audience's characteristics and the independent judgment of each team.

The following is the winning know-how of the Sloan School of management, Massachusetts Institute of Technology, in the entrepreneurship programme competition: 1. set up a team with comprehensive skills including technical personnel and management personnel. The team members formed are capable of being able to be entrepreneurs and flexible, coordinated and effective in their work. This is the experience summary of previous winning teams.

2. developed a profit model, not just an invention.

"Just to show that the nature of your product or service is not enough, it is also necessary to clearly clarify who, why, where, when and how these key issues.

No matter how specific the technology is, it can not take the place of a clear and clear marketing plan. "This is the experience of past victors.

"You are a technological invention, not a profit model," said the expert in eliminating an idea.

3. gets advice from people from all walks of life, whether they are classmates, teachers, competitors or family members.

4. analysis of customers: what are they looking for?

5. analyze competitors: what advantages do you have for them?

6. shows you have the ability to gain a sustained competitive advantage, such as setting up barriers to entry, or having independent intellectual property rights, so that competitors can't seize your market. "Remember to tell the judges what your customers are and how they can benefit from your products or services," a former expert said.

The writing of 7. should be direct and pertinent. Remember that the experts will read the text you submitted carefully.

"We need to spend enough time and energy to write your business plan and entrepreneurship plan. We must try our best to take it seriously." this is another experience of previous winners.

8. when making your business plan and time schedule, you must be practical and reasonable, and avoid being ambitious and unreasonable.

9. do not deliberately compete in terms of technology, quality and price.

10. review experts, like potential investors, can attract you how to analyze a large market space. They like the business with huge potential and fast growth.

"If you are learning how to create a business, you have won."