Six Things That Entrepreneurs Can'T Do.

In September, the registered users of del.icio.us/ have reached 1 million. "Business week" commented that delicious bookmarks are actively developing new ways to get information online.

This way breaks through the single and linear way of Goog le to link information to users, and enables users to find information in the context of users and Internet users.

Delicious Bookmarks have been successful in the United States for their deep understanding of user needs.

Joshua, the founder of the website.

Schachter (Joshua Schachter) once said that each person can not get more than 40 or 50 bookmarks on hand. Otherwise, they will be very painful to organize, but he himself has 20 thousand links, so he began to consider how to solve this problem.

After 3, a user of the Delicious bookmark expressed his inner feelings in the blog. "I firmly use it because the operation is simple and convenient, which is the absolute principle for web bookmarks."

Today, Delicious Bookmarks have been acquired by YAHOO and become an important part of YAHOO's concept of "public network".

Perhaps the success of many entrepreneurs is to make products that users want, but sadly, those who fail, make products that users do not buy.

Entrepreneurship is a difficult process to test willpower and judgment. What is it that hinders the ambitious business planning of entrepreneurs or makes products that users do not need besides accidental luck?

There is a saying that how much you understand the problem and how much wealth you get.

Obviously, the success of the Delicious Bookmarks proves this point.

Because Schachter is starting from his personal problems, and can understand the crux of the problem, so that he can be recognized by customers in business.

Nowadays, most entrepreneurs seem to be unaware of the problems they want to solve, and can only wait to know the way to get rich.

Tim.

Riley (Tim O) is called the "IT Reilly" of the US IT community. It is also the first advocate of Web2.0 in the United States. He found that in the new technology conference held by his company this year, 1200 people wrote the same plan in the business plan they submitted: finding a garage for office, outsourcing the technology to the company in India, obtaining the content of the website from the users, then letting users mark the content through the tag, and finally looking for the right time to sell the company to Yahoo.. Obviously, these entrepreneurs are inspired by Youtube and eager to make instant profits.

Perhaps no industry, like the Internet, has released such tremendous energy to become the leading force in the trend.

The Internet industry has also become a hot spot for private capital to pursue wealth.

Imagine that if so many entrepreneurs' plans come true, they will only produce a huge Web2.0 bubble, but most people will only sink in such a bubble.

Horowitz of Yahoo Corp expressed his attitude straightforwardly: we can not afford to buy so many companies.

In the first place, we talked about making products that users want.

In reality, we often see that many entrepreneurs are most concerned about finding a profitable business model.

Business models are not unimportant. It is much more difficult to create products that users need than to get profits from them.

Therefore, the exploration of business mode can be slightly shelved, and it can be perfected and embodied in the 2 version of the product.

In a brand new product, what we need to solve is the core issue. The core question is how an entrepreneur can create the value of wealth.

The wealth here can be understood as a formula: the value of wealth obtained by the user is the user's expectation of the product, the number of users who want to use it.

With such a wealth expected, the next step is to turn products into real gold and silver.

In the game of winning wealth, the last winners must be those who put customers first.

Google, the leader of the Internet industry, always does research work before worrying about how to profit from it.

For those entrepreneurs, many people think that ignoring the business model is irresponsible attitude, and those who do not care about the needs of customers are actually more irresponsible, which will lead to insufficient development potential of the company.

In May this year, Sergei was the founder of Google.

Boolean conducted an exclusive interview with reporters asking Boolean "what is the next major event in the Internet industry"?

It's like trying to find out what Bob Dylan's next album is like, but the reporter wants to ask deep questions about what the future of music is.

He stood there, looking very wooden, and speaking in English with some Russian accents: "we tried a lot of things.

Because we can not confirm what is the most popular product in the next stage, we try a lot of ways to help users solve problems.

Bob Dylan will say so, "the answer is blowing in the wind".

The personal heroism is a dynamic factor to solve the problem. Behind those Internet business legends, there is a team full of wisdom and courage. From Google to Youtube, it has proved that today is not a time to fight alone.

Jobs and wo Zi Ni, who were widely praised by the industry, when they consumed the first seed money, he and Atal turned to Atal and the boss of the Hewlett-Packard Co.

At that time, Jobs said to Woznia, "we should start our own business."

Woznia is an old technology guy. He thinks Jobs's idea is crazy.

Jobs finally persuaded him.

Obviously, if there is no Jobs's decisive commercial judgement, the technology of the server is temporarily out of play, and the popularity of personal computers will be delayed for many years.

Perhaps Jobs's persuasion of Woznia is the process of combining business insight with technological strength. Jobs's hand in hand with Woznia is also an important cornerstone for Apple's success.

In the management science, there is a famous theorem called "the manager's cap theorem". It is said that the achievement of an enterprise will not exceed its leader. This theorem reflects a dynamic and important factor in the development of an enterprise.

And magnified into entrepreneurship, it seems to be able to understand that entrepreneurs vision, thinking and personality characteristics determine the success of entrepreneurship.

Therefore, at the beginning of your business, you should be aware of your fellow travellers.

Partners who complement each other in your personality and abilities are a key to success in business.

On the other hand, the process of entrepreneurship may be a challenge for human beings to surpass their weaknesses.

We all have a beautiful wish and do not want to let our friends down. The great psychological charisma will enable you to overcome the difficulties at the moment and stimulate your unlimited potential. Therefore, a like-minded partner will be invaluable for your success in business.

The small impulse of solving a problem has turned into a business that can continue to bring profits. First of all, the fund problem is coming.

For most entrepreneurs, there is a misunderstanding that the more money the better, but the reality is not.

When venture capital exceeds a million dollars, VC are especially cautious. In a short time, they are often noncommittal, so you have to get entangled with VC.

And your competitors are building new business ideas.

Therefore, for those entrepreneurs who want to introduce venture capital, it is advisable to accept the first relatively reasonable fund quickly.

In this regard, we must choose those standardized and mature venture capital, which will not only give you money, but also lead your creativity and enterprise to move forward together.

If you choose those investment partners who lack professional experience and even do not have the quality of venture capital, they will put forward all kinds of requirements and restrictions according to the way of opening a small store. They should pay attention to short-term benefits and often hurt your creativity and enterprises.

Therefore, in addition to the amount of funds that can be provided, the quality of venture capital is also an important consideration for entrepreneurs.

The introduction of venture capital is not an easy thing to do. It does not mean that with a lot of money, all the problems can be solved.

He created Blogger's AI Wen.

Williams (Evan Williams) sold Blogger to Google, and founded another podcasting website, Odeo.. Obviously, Odeo is far from Blogger.

When he reviewed his entrepreneurial experience, Williams regretted that he had accepted too many risky investments too early. He invested 70 thousand dollars in his own investment. Later, after being reported by the front page of New York Times, Odeo invested another $100 thousand on impulse.

Later, it accepted the $1 million venture capital from Charles River.

Williams began to distract, and the company began to expand.

On the other hand, when he took money from venture capital, maybe it was like Sun Wukong was carrying a magic spell. VC's money was added to it, so when they handed it to you, they thought that the money was starting to work and run. The time was pressing. It would take a lot of time to communicate with the board of directors and communicate with the media. In this way, they might lose themselves and not follow their inner thoughts, and it would be difficult to change in the direction of the market.

In the name of money, it seems that entrepreneurs will become employees of VC, and they should be vigilant in getting into a passive situation in their business.

If Schachter, the founder of the Delicious bookmark, just wrote a program to solve his own problem of dealing with a large number of links, his function would not benefit so many users, and there would be no such rolling income.

Therefore, how to expand the solution of one problem to more people to solve the problem is the mystery of commercialization.

The purpose of starting a business is to try to capture the mystery and solve the problem for more people.

When Myspace was bought by Murdoch, a media tycoon, not many adults heard of the website, and the huge amount of $580 million acquisition also shocked many people in the field.

Less than a year after the acquisition, in March 27th of 2006, Space registered 270 thousand new members. Anderson, a co-founder who has just over 30 years old, said that whenever you talk to me any Monday, we may have created another record.

Therefore, takeovers may be a booster for career growth for entrepreneurs, which can effectively integrate resources and solve problems for more people.

But not everyone can be seen by these big companies.

This year's most attractive takeover is probably from Google's $1 billion 600 million acquisition of Youtube.. If in 2005, Youtube's two more than 20 year old young guys found Google and said that your video sharing design is too bad, give us $100 thousand, we will tell you all the mistakes and imperfections in video. "These two lad kids are sure to be cynical by everyone.

But now it is different. After more than ten months, Google has entrusted hundreds of millions of dollars to the Youtube.. What we need to point out here is that obviously, after more than a month's efforts, Chad has built up.

Chad Hurley and Steve.

Chen (Steve S. Chen) has pformed into Youtube's tangible product for its video sharing ideas and ideas.

Now, Google is willing to spend a lot of money on this product, and more importantly, Youtube has a daily video access of 30 million. This product is a stable user group.

Google's acquisition of Youtube is strategic and the largest acquisition ever made by Google.

In the past, the acquisition of Google was aimed at technology, and this time showed the importance attached to customers and the recognition of the strategic value of UGC (user generated content).

Therefore, when we are full of entrepreneurial ideas and put these ideas into practice, we must actively strive to win customers.

Through research and investigation, we find that early communication with customers and early operation of business is like taking the initiative in playing chess.

Last year, eBay bought Skype company at a price of 44 times its annual income, which attracted widespread attention. Skype's sales last year were US $60 million.

The acquisition itself reflects the fact that the value judgment of new technology is beginning to become practical.

Director of PWC Pricewaterhouse Coopers