Causes For Failure Of White Collar Part-Time Entrepreneurship

Entrepreneurship has become the first choice for people to become rich nowadays. When a white-collar worker starts a business, he always fails to turn good ideas into business because of the details. He has not run a prosperous business in a short time but thriving in the hands of other entrepreneurs. When the product and market conditions are the same, the failure of the entrepreneur may be just a mistake to speed up the failure of the business.

No adequate market research was conducted.

A lot of people start business very hastily, and do not invest enough time to investigate the feasibility of commercial projects. This is the most important.

Overestimating market size and sales

The entrepreneur has not yet analyzed how many customers will rush to start a business. They make an investment plan and give it to their business partners so as to encourage their partners to invest. They plan to sell 1 million products, but they only sell the planned 2%. error while estimating the market size. At the same time, they also miscalculate the sales plan. Some entrepreneurs say that 2 million people will buy our products. In fact, they are just doing sales advertisements. They need to consider the maturity period of the commodity so as to reach the promised amount. They also need to wait for the market to mature for a long time. Most inexperienced entrepreneurs set the cost budget very low. This is mainly because they made a wrong prediction of sales volume. Moreover, the sales volume is lower than the plan, resulting in lower profits. Most inexperienced

Focusing on one side and not balanced development

　　通常,一個企業家總是關注其最得心應手的業務,因另一部分不是擅長的就漠不關心.像小張就是對廣告宣傳比較在行,而對產量控制沒什么經驗.實際上,不應只對生意的一部分予以關注,而必須統攬生意的全局,如若不然就會失去對生意的控制,在這樣的前提下,再關注重點可使你的公司更有競爭力.很多企業家談及其企業時會說,企業規模有多大,雇員有多少人,分公司有多少家,年銷售額有多高.只注重生意的增長速度而忽視了收益.銀行家對沒有良好收益的企業不感興趣.你應學會如何創造高利潤和掌控生意的增長.還有一種情況,你的公司和產品在市場中沒有自己的特色.很多公司希望抓住所有的市場機遇,它們的攤子鋪得太大,以至于失去重點,也沒有在市場中形成一個自己的品牌.建立品牌,是創業之初就應該著手重點做的工作之一.

Lack of stop loss plan and pfer strategy

There will always be unexpected events. Sales may not be good, interest rate changes, freight calculation errors, and sales are not as good as expected. Most people have no reserve plan in terms of total amount and time required. You have a long-term plan for business in your mind. This plan can change over time. In the future, you decide whether to accept new products or new markets. Making long-term plans will become very important. You should also have a change plan. No matter whether you operate well or not, you must make a pfer strategy. For example, you want to do another business in two years, or sell the company you run after two years. Even though your prediction is more realistic, you are starting a business.

Improper selection of entrepreneurial team

A business partner who needs. When a person needs money, he usually seeks new partners. In many cases, the entrepreneur who proposes the idea will invite his friends to be partners. Many friends, except for money, can not provide any other help, but they have the trade volume of 25%.. If they can not increase their benefits, then finding them partners is a huge mistake. Before they are called partners, it depends on whether they can afford the title. They have employed many relatives to save costs, but the people usually employed are not suitable for their jobs. Moreover, it is difficult to hire a relative or friend. The staff you need at the beginning of the business should be talented and versatile. Mediocre subordinates will only make your business run aground. Many young entrepreneurs have joined forces.

When the business that oneself creates has a certain improvement, it is often the most prone to make mistakes. It is more important to pay attention to details and avoid mistakes that should not happen, so as to reduce certain losses.