How To Prepare For Entrepreneurship

First, let's talk about the 3 misunderstandings of wage earners' entrepreneurship.

1. many wage earners want to be a business owner and a boss.

He may also be able to raise funds, maybe find a project, and have the ability to open a store, have the ability to decorate, and have the ability to hire employees.

Fine.

He thought this could be a business owner in one step.

But he really did not know that the risk of starting from scratch was very great. And at that time, he often had no skills or experience to invest blindly in order to become a business owner, so 99% went bankrupt.

So, please forgive me, frankly speaking, with your funds, your project, your skills, and your relationship, how do you know that you are the future 1%? Today many friends around us want to invest, and their failure rate is almost 100%.

You seldom see anyone around us in recent years. Your friends and relatives are doing well by starting from scratch, and many people have lost a lot of money.

2. quit blindly and become a freelancer.

First of all, you need to consider whether you have enough skills to enable you to live well in this quadrant.

If your skills are not very profitable, or if you are very profitable, but your skills are not outstanding among your peers, or your age advantage is losing, it's hard for you to live well in this quadrant.

Lack of skills or experience can not earn a living by freelancing.

Many people blindly become freelancers and find that they are not as good as wage earners.

3., do not blindly assume that you are an investor.

There are 5 or 60 thousand yuan to want to be investors, throwing money blindly and trying to be an investor. At best, it is a speculator.

No one has 5 or 60 thousand to buy stocks and buy them rather than sell them. This is called stock speculation.

It's called speculators, but not investors.

Immature, less capital and insufficient vision can not become investors.

You really have a lot of money to buy a blue chip stock and put it on the stock market every year by the end of the year. You feel better than bank deposits.

This is called investor quadrant.

So as a wage earner, you should not blindly earn your living by freelancing. You should not blindly invest in business. You should not even think of yourself as an investor.

Blindly entering the quadrant of freelancer, you can't do without skills or experience; if you blindly do business, you want to start from scratch and risk too much; you want to blindly enter the quadrant of investors, you have no capital, you are at best a speculator.

How do wage earners achieve financial freedom?

First, accumulation.

Cherish your career as a wage earner.

Working is not the end of your life, but it's a good time.

1. learning

Use one's time to learn a skill, one can learn it well.

Once you are freelancing, you have no time to learn.

2. relationship

Don't try to be broad.

Seize an area, do an industry's overall hand, accumulate more people who help you make money, not help you spend money; also rely on an organization, today rely on personal accumulation relationship is very difficult, there is a backstage (large units, big institutions) to support you, you can well accumulate interpersonal relationship.

3. savings

At this stage, you have to learn to improve your skills, then change, change your way of thinking and behavior, adapt yourself to others, and accumulate your interpersonal relationships. That is your experience.

The main task at this stage is to accumulate.

When you think you have enough skills and experience, consider whether your age is appropriate. Then you have 2 choices:

You can start a freelance career on a part-time basis, and you can earn your living in your full-time career in a full-time way.

Where is the watershed? If you think your skills are enough and experienced enough, and your savings are enough to support your family's life for 2-3 years, I suggest you be full-time.

Concentrate on this.

If you have enough skills and enough experience, but your savings are not enough to support your family life for more than 2 years, I suggest you first put one foot in and try a part-time job.

Then you start with your skills and your experience in a freelance job, start a business, start your career as a freelancer from small to large.

Second. Choose a project.

What project? It must be related to your skills and relationships. You are very familiar with it. Do not do something you are not familiar with.

Choose a project and rely on it.

In the early stage, the volume should be large and hard.

Once begun to take shape, consider how to fail in 10 years to enter the third quadrant.

Third. There are 3 ways to become a business owner:

1. build a system from scratch. It means that you have to make a lot of hard work. The business you build is small and big. You have to rely on your own strength to systematize the seven aspects of human, financial, material, import, marketing, storage and production, and at least 10 years of inspection. This is very difficult, so the bankruptcy rate of these businessmen is as high as 99%, and the success rate is very low.

Take small entrepreneurs who start from scratch, for example, we made a statistic:

1) suppose that there are 100 enterprises starting business today, and 90% or 90 will fail in 5 years.

The failure of these 90 houses is called decision making mistakes, and the wrong ones are generous.

For example, opening the restaurant, the location of the wrong selection, position accounts for the absolute factor of the success of the restaurant, a few steps, passenger flow is different; for example, investment in a project, the project is wrong.

For example, investing in an Internet cafe is called the setting sun industry.

2) the remaining 10, in another 5 years, went bankrupt 90%, 9.

The 9 companies failed because they failed to establish a system.

What is the establishment of a system? It is in 7 respects that there is no virtuous circle and systematic management.

Which 7 aspects: human property sales and storage.

The first batch of millionaires in China left Liu Yunhao in Sichuan, and the rest were gone.

There are 1 or 1% left. It is called a model. It is a benign system itself, and it is hard to go bankrupt.

That is to say, there is a set of successful modes for people to learn from each other, and all trades and professions are finally spelling together.

So much of the fast food industry in the United States, the rest is 1%; the United States so many auto industry, the rest is 1%; 99% all bankruptcy, this is the probability, how can you guarantee that according to your today's economic situation, your options, your relationship, your ability is the future 1%? No one can guarantee that done well, of course, but 99% are bankrupt.

Computer: Lenovo and founder; TV: Konka and Changhong; so few.

At least 1% years of inspection and at least one major economic crisis, these 1% are the real business owners - a big business, not going to operate and earn income, which is 1%.

Note: traditional projects do not start from scratch, and funds are not enough.

What items can be? New projects can.

If you think you are mature, you can, for example, high technology, IT and so on.

3) buying a system: directly buying a ready 1%, such as franchising, chain store, general agent, total distribution, such as McDonald's and KFC, is it 1%? It has become a mode of purchasing and selling people's property.

This is a successful model. It has been mature for decades.

You can buy it directly.

You can invest in McDonald's today, believe it or not, you will not lose money.

Or acting as a general agent for world famous brands.

Note: we must buy mature brands and avoid buying immature brands.

Advantages: easy and high success rate.

Disadvantages: good brands are very expensive.

4). Join a system.

Without money to buy a system, join a system.

Early use of a model does not cost you money. Later, once your team is established, it can make money from you. This mode will benefit from your team.

Such as regional partners, technology alliance, and the eagle system.

The key is to find a very successful system, using the system's mode to make your business bigger and truly stable, so that you can become a real business owner.

How to find a successful system? It should meet the following 5 conditions:

1) more than 10 years of successful records, and at least 1 economic crises, which have been repeatedly verified by enterprises.

2) a business opportunity that you can achieve successfully, trustworthy and confidently share with others.

3) have a long-term education plan to train you as a talented person.

4) with a strict mentor program, you learn from leaders instead of advisers, that is, learn from the winners of the industry, rather than learn from commentators.

5) be with those whom you respect and are willing to get along with.

If an enterprise satisfies these 5 conditions, you have to take a look at their products.

Too many people only look at products and do not look at the system. If you want to be the 1 salesperson, a S, the product is the most important factor.

But if you want to become a B for a long time, then the system, education and life that benefit people all the time are even more important.

True success means that the time and effort you spend in the short term brings huge long-term stable income. Once you build a good enterprise, you can stop working, and your income will continue to be generated by your business. This is what B particularly wants to mention: today, due to technological progress and market regulation, the risk of becoming a successful business owner has been greatly reduced.

And for anyone, they have the opportunity to own their own business systems.

Regard these enterprise systems as a bridge, a bridge that enables you to move from the left side of the quadrant to the right side of quadrant safely.

A bridge to financial freedom.

The real financial freedom is that if you don't work, your money can maintain your current living standard and pass it from generation to generation for many years.

Fourth. Invest to make money for you.

When you have a stable economy and have a steady income, you will consider investing again.

This is the real time to become an investor.

Myth or belittling entrepreneurship is wrong. Entrepreneurship is actually a way out. In today's society, the boundaries between entrepreneurship and work are no longer clear, but this does not mean that the pformation between them has become very simple. Without continuous learning accumulation, entrepreneurial success is still a myth.