What Kind Of Business Can Attract Venture Capital?

In the global entrepreneurship world, the success of Silicon Valley has been regarded as "myth".

The birth of this myth is attributed not only to the progress of science and technology, but also to its special way of financing venture capital.

From foreign experience, venture capital has played an important role in cultivating high-tech start-ups.

Statistics show that at least 50% of high-tech SMEs have been helped by venture capital in their development process. In the United States, 90% of high-tech enterprises benefit from venture capital.

In China, more and more venture enterprises are aware of the magic of venture capital, and a small number of enterprises have already tasted the sweetness of venture capital. But for most entrepreneurs, venture capital is still a strange term. Little is known about the role of venture capital, operation procedures, investment targets and so on. Some people even think that venture capital is an unreachable ladder.

Us IDG, Japan Softbank, Korea Science and technology bank and other international venture capital giants have come to China to find more "high quality seeds". At the same time, a number of domestic entrepreneurs who have already tasted venture capital "sweetness" are also present to seek greater development momentum.

This is a good opportunity for us to get involved with venture capitalists.

Many people think that venture capital is "pie in the sky", but in fact it is not.

Mr. Yu Yu, the chief representative of Shanghai Representative Office of Softbank China Venture Capital Co., Ltd., said: venture capital projects in China are not successful, and the reason for investment failure is that 80%~90% is human factor.

Therefore, venture capital institutions are targeted in making choices, value entrepreneurship projects, and place more emphasis on entrepreneurs or venture capital decision-makers.

Generally speaking, entrepreneurs with the following five characteristics and venture capital decision-makers often get the favor of venture capital institutions.

A keen sense of business.

When others did not see business opportunities, he saw it; when others saw business opportunities but did not do it, he did it; when he did it, he invested one hundred percent, and he never stopped until he reached his goal.

Only such entrepreneurs can become the leaders in the shopping malls, rather than the followers who are always parlour and always lag behind. They can take the lead in digging the first pot of gold instead of relying on leftovers to feed their families.

An excellent profit model.

The profit of an enterprise depends on the design of its profit pattern. Therefore, the venture capital institution pays close attention to whether the investment project has an excellent profit pattern, and the excellent profit pattern often comes from the decision maker of the entrepreneur or the start-up enterprise.

In some ways, entrepreneurs or entrepreneurs should be an excellent profit maker. They know how to maximize profits by analyzing the market and integrating resources.

With a strong sense of professionalism

Professionalism determines the attitude of entrepreneurs to their career.

The road to entrepreneurship will not be smooth sailing. It may even be covered with thorns.

In the face of many hurdles such as capital clearance, market entry, management and personnel clearance, if entrepreneurs do not have strong spiritual support and do not persist in the end, it is very difficult to overcome difficulties one after another.

If we compare entrepreneurship to a hill with 10 steps, then many people will fall on the ninth step because of lack of mental motivation.

Have deep sense of responsibility

Some entrepreneurs regard attracting venture capital as a "money game", and some entrepreneurs have the idea of "it's someone else's money anyway".

These two types of entrepreneurs lack sense of responsibility. Most of them do not consider the interests of investors, but only calculate personal gains and losses.

Such entrepreneurs are very difficult to get the approval of venture capitalists. Even if luck is overshadowed, they will leave the "bottom of the credit".

Teamwork concept

Entrepreneurship is not a personal behavior, but a group action.

All successful entrepreneurial enterprises have a good team, from the boss to the staff, everyone has a clear responsibility and division of labor, such a team often has a core figure, to lead everyone to work together to enable enterprises to grow rapidly.

Therefore, when choosing venture capital projects, venture capital institutions should not only depend on whether they have a good educational background or a strong professional background, but also whether they have the concept of teamwork.

It is not easy to win the favor of venture capitalists, and requires more patience and sincerity.