How To Find Advantages On Entrepreneurial Road

When it comes to entrepreneurship, the first response is the project.

There are many factors to decide which items to start with, which are related to the personal interests, experiences, resources, skills and funds of entrepreneurs.

So what determines the success of business?

Personally, I believe that the core competitiveness of projects is very important, so when I help my friends to advise on entrepreneurship, I usually start by looking for advantages.

I wonder if you have such a feeling. In the process of consuming or using commodities, we find that producers or operators are deficient in certain aspects. We often say that if I do, what will I improve and be more popular in the market.

This is what business operators need to improve, and it is also an advantage that entrepreneurs need to strive for.

How can we look for advantages?

If you have the passion to start a business and haven't decided yet, there may be questions about what expertise you need, what resources you can use, what resources you can use and so on.

If so, you are already looking for personal advantages.

At this stage, I think personal advantages can be found and can be made.

I have talked about it before, and I will discuss with you again in the future.

This will not be discussed for the time being.

We should turn our attention to the planning of the project from the personal advantages.

With the idea of project, we naturally need to make a comparison, that is, comparative advantage analysis, and see how big the chance we will succeed in killing a tight encirclement. At this time, looking for advantages becomes the focal point of planning, so I often say that project planning starts with looking for advantages.

Where are the advantages of the project?

My personal experience is to look for all the processes associated with the project.

What I am using now is the fishbone diagram analysis method I introduced before.

What are the processes related to the project?

I think there are some aspects.

The key technology of 1. is the core technology of the services provided by the project.

The core technology is not necessarily unique technology. For many entrepreneurs, unless you are an expert in some field, it is almost impossible to get the unique technology and find the market blank.

Is that why we should not start a business or start a business?

The answer is clear.

In my opinion, if you really have new technology, you can build core competitiveness. If you don't have breakthrough technology, then you can make use of the combination. The premise is that you can't lag behind the existing market in terms of core technology.

So your strengths in this area are quality, cost, appearance, combination, and so on. If you have the ability to ensure the improvement of the surface process, it will also become your advantage.

But it is not necessarily the core competitiveness.

We have all entered the restaurant, so take it as an example.

What is its core technology?

Chef skills.

That is, the color, aroma and taste of dishes, as well as the number of dishes, and the suitability of dishes.

At the very beginning, we were going to open a restaurant. The chef we could find might only be able to say that it was fine, and it was difficult to achieve first class.

Then, we need to make an essay on taste choices, style combinations and specialty dishes.

My cousin asked me to taste the restaurant when I was going to open the restaurant.

But I found that his chef was very conscientious and cooperative. He would take the initiative to ask, inquire, explore, and feel a progress once.

Because we are not able to make first-rate dishes yet, we can make the most suitable dishes, combine them with varieties, and constantly improve the skills according to the market, as well as cater for the requirements of some diners.

This is the accuracy, consistency and continuous improvement ability of technology positioning, which can be your relative advantage.