Breaking Through Difficulties: Four Steps For Young Entrepreneurs To Succeed

Having sufficient entrepreneurial enthusiasm and motivation is the advantage of young people, but lack of experience and experience also make young people's entrepreneurial path uneven. On the way to entrepreneurship, there are many problems perplexing them, which makes young entrepreneurs need more at the beginning of their business. Help and support 。 I hope that the following articles can help young people see the dawn in the confusion at the beginning of their business.

　　 Youth Entrepreneurship First, the change from ideal to reality.

The choice of entrepreneurial projects

Some young entrepreneurs are particularly confident and even optimistic about their so-called entrepreneurial projects because of their high enthusiasm and motivation. Often the prospect and future of entrepreneurship are particularly good, and do not have the patience to analyze the feasibility of the project. It is easy to rush into the horse and lose the possibility. Such people generally focus their energies on attracting investment and prompt establishment. In fact, such haste is very unscientific and risky. The disadvantage is that it is too radical and greatly increases the chances of being cheated. As a college student, he has ideals and aspirations, and lacks experience and relevant knowledge in specific market development besides the armchair theory. He lacks experience and experience in the early stage of entrepreneurship. Therefore, he believes that young people and college students can find a job through job hunting, but not too demanding. They can learn knowledge of entrepreneurship in their work, experience experience and accumulate primitive funds. When they have technology and experience and capital, they will develop step by step and realize their dream of starting an undertaking.

Second stages of youth entrepreneurship

Timing of entrepreneurship

Usually, the choice of entrepreneurial projects is a lengthy and time consuming process, and the paradox is that the timing of entrepreneurship is likely to be fleeting. It is also important to grasp this key "right door and one foot". The judgment of the timing of entrepreneurship is not a problem for most entrepreneurs. For example, there are many projects on the Internet. The key question is how to judge the value of the project.

First of all, just by feeling, it is very unreliable. There are basically two ways to judge business opportunities. One is the project, the other is the entrepreneur. There are two aspects of the project, one is the project itself, the other is the project side. Entrepreneurs are entrepreneurs and entrepreneurs. Judging from the project itself, the most important point is to judge from the market point of view. Judging from the market angle, we need to pay attention to six aspects:

The first is to consider the market position of the project. Generally speaking, for inexperienced entrepreneurs, they like the brand new project, which is never a project in the market. Actually, this is not a good way. The best market is through the bud stage, so that it can be more stable. The mature project is not a good project. It is equivalent to "dowry" in a mature project. Without risk bargaining, there is no risk premium.

The second is the comparison of products in the market. If the entrepreneurial project has obvious advantages in price and the quality of the product is not very bad, it means a great chance of success.

Third, special needs. When a product is a new product that has never been seen in the market, it depends on whether or not to meet the special needs of someone in the market. This is called niche product market. Niche products market is a gold mine for entrepreneurs. If entrepreneurs can find this market, the success rate will be very high. The niche market is characterized by the difficulty of opening up, but once the profit is opened, it is very objective. The market is very small, the market competition is small, the continuity is very good, therefore does not have to worry that the strong person will compete.

The fourth is the control of the project. This is a very important aspect of judging a project, for example, control includes two aspects: one is hard resources, the other is soft resources.

Hard resources are raw materials needed for production. If it is a project that entrepreneurs can control, this is a very good project. The other is soft resources. Many markets are controlled by people. If we can do well in this market, we will be very successful.

Fifth, the market structure. It includes the size of the present and potential market, the number of operators, the scale of sales, the degree of competition, the number of buyers, the preferences of buyers, the sensitivity of buyers to price changes, the cost factors of products, and the distribution channels.

Sixth, we must attach importance to the growth of the project. Generally speaking, one of the most important characteristics of business opportunities in the market is that the market has been developed, but the existing suppliers can not meet the market. At this time, entrepreneurs are involved in, and the greatest success is to grasp them. {page_break}

The third step to break the shackles of youth entrepreneurship

Solving the shortage of venture capital chain

It is difficult for a skilled woman to make bricks without straw. Entrepreneurs encounter the lack of start-up capital, which leads to missed opportunities or good entrepreneurial projects. And blind investment and expansion of capital investment will also increase the risk of entrepreneurship. Therefore, entrepreneurial experts are also clearly opposed to big business plans, high investment and high return.

Entrepreneurs should first choose the most familiar businesses.

As a college student, he has ideals and aspirations, and lacks experience and related knowledge in specific market development besides his armchair work. He lacks experience in the early stage of entrepreneurship, and can find a job through part-time job. But he does not ask for too much work. He can learn business knowledge in his job, experience experience and accumulate primitive funds. When he has technology and experience and funds, he develops step by step to realize your dream of starting an undertaking.

The problem of youth venture capital is a common problem. In addition to providing necessary support from society and government, entrepreneurs should mainly rely on their own "tap the potential" to get out of the predicament.

For example, we need to choose projects that can benefit from short-term projects to accumulate capital without having to choose new projects. Because new projects often bring risks and uncertainties, and the cycle of capital repatriation is longer, which is very dangerous for young entrepreneurs who start from scratch. Jiang Boren explicitly warned young entrepreneurs that for the sake of capital, young entrepreneurs should have the same goals and profits, and the risk and scale are also the smallest. Because young entrepreneurs do not have money to do anything, and money is not necessarily able to do well.

Youth entrepreneurship fourth level self assessment and guidance

Entrepreneurial psychology

Young people start with enthusiasm and impulse far greater than reason and hard work. So, what kind of person is suitable for entrepreneurship? The psychological counseling of entrepreneurs is also worthy of attention.

The enthusiasm of young people to start their own businesses and start their businesses is to be affirmed. This brings firm determination and entrepreneurship. Because entrepreneurship is a hard mileage and requires this kind of stubborn spirit and perseverance. However, this excessive enthusiasm has become a bigotry and not calm. It often appears as blind optimism and extreme idealism, which will lead to the failure of entrepreneurship.

Entrepreneurs are a special group of people. They are highly qualified and creative talents. They walk the path of a few talents, and the type or type of employment they create is in time to make up for the vacancies in the previous industry or occupation structure. With the operation and updating of the social system, some new functions that the society needs are constantly emerging. This gives entrepreneurs the opportunity, and at the same time, entrepreneurship not only fills the vacancies in employment, but also enables them to become successful people, who are able to succeed in business, that is, a kind of special job seekers and talents.