How the poor can start a business and how to avoid bankruptcy

At the beginning of starting a business, you need to look for good projects, and those with less investment and quick results are more suitable;

In the early stage of entrepreneurship, we should be down-to-earth, do not set excessively high requirements, and do not be discouraged by failure and proud of success;

Entrepreneurs need to set ambitious goals at the beginning of their business and stick to them for a long time.

Many successful people also come from poverty, what they need is persistence and courage, that is, starting with the little red elephant, it is also a new beginning, and only then can they have a chance.

The greater the investment risk, the higher the income. Now I advise you not to buy **, the sharp rise a few days ago and the sharp drop these days, all at once the people who saw the money rushing to the money were compensated.

Are the poor just money?

Nowadays, people are lacking in Chuangyi, not money, just like the upstairs upstairs is the same as saying, as long as you have your entrepreneurial charm, I believe that there will be people willing to do it with you, as for bankruptcy, you have no soldiers and horses, are you thinking too much.

Poor people should be cautious in starting their own businesses, most of them are failures and in debt. For the rich, if the business fails and loses hundreds of thousands, it may not have a great impact, but for the poor, it is difficult to get up again, and there is no way to explain to their families, and the pressure they have to bear will increase a lot.

Due to the problem of capital, the entrepreneurial environment, the amount of information that can be accepted, the starting point of the poor to start a business is generally relatively low, the first thing that can be thought of is to open a snack bar, set up a stall, etc., to do the basic are some of the threshold is relatively low, the competition is relatively fierce, and the income is relatively small, in the market competition, it is easy to fail and be eliminated.

The poor are busy starting businesses, starting businesses blindly, and the busier they are, the less they make money; And the rich are busy investing, investing income, and the more they start a business, the greater the potential space for investment, and the richer the rich are.

Whether it is starting a business or doing business, it is inseparable from connections, asking people to do things is a common thing, to put it mildly, everyone is using each other, they are asking for profit, the poor themselves have no background, no money, and naturally can use the network resources are few and pitiful, and many are related to the left. It is even more difficult for the poor to succeed in entrepreneurship.

Poor people start a business because they have no money, so they are worried about failure and losing money, they dare not let go of it, even if they see the opportunity, they dare not boldly grasp it, and most of the friends and family around them are poor, and more input is negative energy, and after a long time, they naturally begin to doubt themselves, and it is easy to give up if they do not see too much hope in a short period of time.

It is because I am poor that entrepreneurship is very important, and I have accumulated the first capital from opening a store on a small red elephant, and now I can set up my own company.

How do you define poverty? Someone else has 10 oil wells, you have an oil well or? Then there are the poor who start a business, and they can afford to make money, but they can't afford to lose.

If you don't have a good idea of what to do, or if you are confused at this stage, it is recommended to do the work at hand first. I wish you all the best in your work and a happy family.

The methods of starting a business are: clear goals, project selection, geographical location, life planning, etc. The details are as follows.

1. Clear goals

Many young entrepreneurs may have 10 great business ideas, but entrepreneurs should focus on only one of them. Entrepreneurs should not be as casual as Jack Kerouac's work style, and should not easily shift attention from one goal to another.

2. Project selection

Choose projects that you are personally interested in or good at; Projects with frequent market consumption or high purchase frequency; projects with lower investment costs; less risky projects; Projects with high customer awareness; You can choose to start an online business (open a store for free) and then enter the physical entrepreneurship project. entrepreneurship in the livelihood industry; Entrepreneurship in the education industry.

Select a franchise project; emerging blue ocean projects; Projects that can be started from home; Business opportunities, business opportunities that do not appear in the market, or businesses that do not have significant coverage in your life.

3. Geographical location

Location isn't just important for real estate. If the entrepreneur wants the target customers to know about the company's existence quickly, then the company's geographical location should be in the area that is relevant to the customer base. If the entrepreneur runs an outdoor goods company, it is natural to set up the company in Tennessee.

4. Life planning

Entrepreneurs should separate their personal finances from their corporate finances. Before starting a business, make sure that there are no problems in your personal life, otherwise it will be difficult for you to succeed. Entrepreneurs can take out loans to meet their company's working capital needs.

Entrepreneurship is about living better, and life is not about starting a business better.

There are many entrepreneurs who often encounter various problems on the road to entrepreneurship. However, to be a qualified entrepreneur, you must learn to face these problems, learn how to solve them, and learn to accumulate experience in solving these problems, so that your career will develop in an orderly manner.

First of all, position yourself, find your own advantages, find the direction that suits your own entrepreneurship, you can't blindly follow the footsteps of others to start a business, choose the wrong direction, you will make efforts in vain and have no gain.

Second, poor people should find partners who can provide them with financial support, or borrow from formal institutions such as banks. Entrepreneurship must have start-up capital, and without entrepreneurial capital, entrepreneurship can only be on paper. After having the idea of starting a business and the right direction, you will look for partners everywhere, borrow money from banks, etc., and find funds through various legal means, so as to lay a good foundation for entrepreneurship and avoid dying due to lack of funds in the process of starting a business.

Poor people need to continue to learn and grasp the latest social information when starting a business. Understand the situation of your own industry, know the needs of the market, provide new services according to the preferences of consumers, dare to innovate, and do not stick to the rules, otherwise among so many entrepreneurs, how can you win and succeed.

Of course, the poor should also remember that they cannot rush for quick success, we must know that entrepreneurship must be a difficult and long process, not overnight success, these big entrepreneurs in our country are through a long entrepreneurial process to succeed step by step. If you don't keep your feet on the ground, it will be difficult to succeed in rash opportunism.

Of course, whether poor or rich people start a business, they need to be mentally prepared, entrepreneurship is a difficult process, and examples of unsuccessful entrepreneurship can be seen everywhere, so be prepared for entrepreneurial failure at any time. Some people are suitable for entrepreneurship, and some people are not suitable for entrepreneurship, so even if you fail, you don't need to be discouraged, there will eventually be a path for you to take, and entrepreneurship is just a scenery or process in your life.

It is crucial that the poor start a business is first and foremost about finding the right entrepreneurial project.

First, the choice of entrepreneurial city.

Though. First- and second-tier cities have more opportunities and room for development, but this is the case.

First- and second-tier cities make young people bear unbearable life pressures, relying on wages to meet daily expenses, pay water and electricity rent, such an entrepreneurial environment is very difficult for young people, and the failure rate is extremely high. Therefore, it is undoubtedly a better choice to choose a third- or fourth-tier city when you just start a business.

Second, the choice of entrepreneurial projects.

There are too many options for existing entrepreneurial projects, so we must keep our eyes open and choose carefully. For example, in recent years, red wine franchise has been very popular, and it has always been considered a profiteering industry. It is true that wine is a fast-moving consumer product, and the market is very wide, but the market is large, and it is easy to be miscellaneous, so the red wine franchise should also choose a reliable brand to do, such as Lafite red wine, Tianmu wine, etc.

Tianmu Winery's zero franchise fee has attracted a lot of entrepreneurs, even if the business is not successful, it will not lose much money, and has gained valuable entrepreneurial experience, the entrepreneurial process is indispensable to insight, these experiences are an intangible wealth.

3. Planning of the entrepreneurial team.

It is necessary to consider who will lead the company, who will be the general manager, who will be in charge of the business, who will be in charge of technology, who will be in charge of finance, etc., and it must be planned in advance.

The amount of initial start-up capital to be invested in the company should be based on this expectation to find partners to invest, and determine the proportion of equity they share according to the proportion of capital contribution, and reserve a certain amount of reserve equity for the later introduction of technical, business or management elites.

1. Accumulate experience.

When you have an idea to say, I can plant in the spring, and then harvest in the summer, which is very good, it seems impossible, but you know that you can achieve your goal by using genetically modified or changing the planting method, then move, and you will embark on the road of entrepreneurship. But what I want to say is that for us ordinary people, we don't know what genetically modified organisms are, and we don't know what methods, so I want to advise you that down-to-earth growth should be the career path you should choose now.

2. Accurate understanding.

If you really want to succeed in starting a business, whether it is to do high-quality Internet, black technology, or low-style stalls and open stores. Have a full and accurate understanding of what kind of resources and abilities are needed for your own entrepreneurial projects. In other words, to put it bluntly:

In any project, the higher the matching degree between the ability and resources required by the entrepreneur and the ability and resources required by the project, the greater the success rate, and conversely, the lower the matching degree, the greater the failure rate.

3. Control risks.

Whatever project you choose in the future, consider the risks. If a project is profitable, but its risk factor is too high, it needs to be considered. Especially for some people who put all their money out and take a chance, the risk factor must be minimized.

First, we have to reduce uncertainty in the project. A risk assessment of the project is then carried out, and actions are taken based on the results of the assessment to minimize the damage.

The poor start a business first of all to be an imaginative "poor person".

If you say, I'm just very creative and want to realize my ideas through entrepreneurship, or you just want to prove that poor people can start businesses. Well, congratulations! You are an imaginative "poor man".

It is often said that "poverty limits my imagination", and a news item at the end of October, "Chengdu Wangfujing Tuhao Sister Willfully Consumes 4 Million" is beyond the imagination of many people, and the news is also popular in the circle of friends. Later, some news refuted the rumor that the woman was seriously ill and wanted to empty her credit card, and only spent 50,000 yuan. But the luxury brand products piled up in the ** are real, and it is still amazing.

Starting a business requires money, just as it does shopping. Poor people have limited funds to invest in entrepreneurship themselves. Of course, the poor can go to finance and start a business through loans, deposits or loans, but the rich have better financing channels such as venture capital, private equity, and shareholding.

The risk tolerance of the poor is limited, and a failed business may be in danger of going bankrupt.

First of all, you should not be ambitious, you should be down-to-earth, and find a good direction, such as setting up a stall, selling supper, and barbecuing. The investment is small, the risk is small, do not pave, but pay attention to the urban management. Even if you lose, you won't lose too much, and if you want to do it, you can improve your skills, and you can also accumulate contacts for the future.

Secondly, I think people who don't have much capital to start a business should start from their own ability, you don't have enough funds, you should have one aspect of technology, then give full play to your technology, so you can also succeed.

It is also bold to think out of the poor, for example, you can also learn simple decoration, in the combination of urban and rural areas, it is very good to do this. Stable, there is no input, two directions, one is to make furniture, the other is to do painting water and electricity, to be able to endure hardships. Or go to sell fruits and vegetables, exercise the following communication with customers, and figure out the hearts of buyers.

In short, don't be too impetuous.

For entrepreneurship, it is not the preserve of the rich.

Whether you can start a business or not, the key factor is not whether you are poor or rich, but whether you have an entrepreneurial spirit.

As we all know, Ren Zhengfei, the boss of Huawei, started his business as a poor man.

Ren Zhengfei, who is in his 40s, came to Shenzhen after the divorce and raised 10,000 yuan to found Huawei.

From the initial resale of communication equipment, it has developed into a multinational group company.

By what?

The first is the spirit of hardship and hard work.

In April 16, Huawei founder Ren Zhengfei waited in line at the airport alone to swipe the circle of friends.

A 72-year-old man who is in charge of a first-class company like Huawei could have such a thing happening.

From such a small matter, it can be seen that Ren Zhengfei is a real struggler.

This is in line with Huawei's corporate culture with the theme of struggle.

Only this spirit of hardship and hard work can overcome the hardships on the road to entrepreneurship.

The second is to endure the persistence of loneliness.

Chu Shijian is an entrepreneur I like very much.

His life is a legend, he has been a soldier and imprisoned, he was beaten as a rightist during the Cultural Revolution, and he was rated as one of the top ten reform figures during the reform and opening up.

While in prison, his daughter couldn't stand the blow and committed suicide.

With such a bumpy life experience, I started my own business again in my 70s.

The old man in his 70s has spent 7 years sticking to the entrepreneurial heart of unwilling mediocrity in his orchard every day.

In the end, he became the "orange king" of a generation of inspirational models, and such forbearance and persistence are the spirit that entrepreneurs should learn.

Finally, entrepreneurs also need to be able to learn.

Today's society is no longer a society that competes for academic qualifications, but a society that competes for learning ability.

Entrepreneurs should not only learn technology in their own projects, but more importantly, they must be persuasive.

All great entrepreneurs have superb persuasive powers.

Entrepreneurship is essentially a process of a group of people working together for a certain goal.

Those who win the hearts of the people win the world, and it is also applicable to entrepreneurs.

Superb persuasiveness can find suitable talents and create an entrepreneurial team that shares weal and woe.

This is why many investors pay more attention to the comprehensive quality of the entrepreneurial team when investing in projects.

All wealth is created by people, and what kind of people you choose is the key to success in entrepreneurship and investment.