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    Four Resources For Middle-Aged Entrepreneurs

    2010/11/8 14:21:00 28

    Middle Aged Entrepreneurial Material Resources

    1, knowledge resources.


    Human life is a process of accumulating knowledge. Formal and systematic knowledge education is a way to acquire knowledge, and various experiences in life and work are also important knowledge acquisition processes, such as a variety of life knowledge, work industry knowledge and so on. All these are of great help to entrepreneurship.


    2, human resources.


    Middle aged people have more experience and more contacts. Friend Nature is also many, and friends of the same age are likely to be experienced in all walks of life. Middle aged entrepreneurs must never waste valuable human resources. At the beginning of their business, they should listen to their friends' opinions and win their support and help.


    3, industry resources.


    Middle aged people generally have a long career, have a full understanding of a certain industry, and also master various networks of the industry, such as suppliers, distributors, customers, industry management departments and so on. Therefore, a successful type of entrepreneurship for middle-aged people is to do the industry they are familiar with.


    4, material resources.


    After years of accumulation, the middle-aged people have a certain amount of savings to invest in the business.


    There are many examples of successful middle-aged entrepreneurs in China. For example, Liu Chuanzhi, the founder of Lenovo, is a half way out. middle age Although entrepreneurship has experienced setbacks, it has achieved success in the end. According to the survey conducted by the Zhongguancun Management Committee as at May 2002, most of the entrepreneurs in Zhongguancun science and technology park were middle-aged, with an average age of 38 years. Among them, the proportion of people aged 40 or above accounted for the largest proportion, reaching 58.01%.


    Therefore, Entrepreneurship It is not a young person's patent. Especially middle-aged entrepreneurs who have managerial experience have more advantages. First, because of past performance, a successful manager has greater credibility for investors, making it easier to get funds. Second, the trust of all partners in the past will continue to exist, making it easier to promote new cooperation. Third, management experience, judgement ability and effective management mode make a middle-aged entrepreneur better able to control his team. An American researcher analyzed many "middle-aged entrepreneurs" and concluded that on average, this type of entrepreneur has greater chances of success than young entrepreneurs.


    Compared with young people who start from scratch, middle-aged entrepreneurs usually have more ways to start their own businesses: he can start a new business and start from scratch. They can also adopt two common ways abroad: one is the so-called Management-Buy-Out, that is, managers buy all or part of the original business (usually by external forces, such as other investors). The advantage is that the manager of an enterprise can become part of the owner directly, and this change does not affect the normal operation of the enterprise. Therefore, another way of risk management is a group of experienced managers to transform a poorly managed enterprise after being acquired.

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    Read the next article

    Middle-Aged Entrepreneurs Have Soft Spots

    In a word, middle-aged entrepreneurs have many advantages. The key lies in how to turn experience into wealth. At the same time, middle aged entrepreneurs have greater risks and pressures than young entrepreneurs. But the return of entrepreneurship is huge. Entrepreneurs give up comfort and gain opportunities and wealth.

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