What s the pitfall of entrepreneurship? You must not step on the 5 big pits when you start a busines

Entrepreneurship is full of pitfalls! There are pitfalls every day, and there are all kinds of problems every day! However, the joy of entrepreneurship also lies in constantly solving all kinds of problems and kicking all kinds of pits.

First of all, the first point is how much start-up capital is there? How much risk can you afford in case of failure? Second, in the later stage of financing, can you find someone to invest in you, if the financing fails, your capital chain will be broken.

The third is that when you start a business, your family and friends are the farthest away from you, because basically no one will be optimistic about you, and there are too many people who want to see you fail, so you have expected the lack of material, and the mental torture is what you need to face!

You create it here, you don't knock out of the pit to pull it down

Don't think that entrepreneurship is a one-person business, once you start a business, you will face various achievements such as getting up early and staying late, no holidays, and income cannot be guaranteed, and you may even end up with all your net worth. Communicate well with your family, get your family's understanding and recognition before starting a business, otherwise in addition to homework, things in life will make you anxious.

The deviation of talent recruitment was thinking at the time, and I said that I wanted to find experienced and efficient people, but I wanted to think about it and do it, which is not the same thing at all, for example: the people I am looking for are inefficient, but in the final analysis, there are several reasons, one is that I am not willing to invest more money in talents, and the other is that I lack experience and will not use people.

The deviation of strategic positioning at that time was too focused on brand building and the creation of image stores, which not only overestimated the speed of the second round of financing, but also completely ignored the need to survive in the first year of entrepreneurship.

Entrepreneurship is a life-and-death homework, and there will be a lot of potholes and stumbles during the period, if you are not mentally and physically prepared enough in terms of resources, then don't start a business. The project is good, but it has to be abandoned for some reasons of its own, which is the most regrettable but not worthy of pity.

The lack of team ability, or the mismatch between ability and work, is a very difficult problem, and there are often talents who spend a lot of money to invite them, but the actual ability is not good. In this way, it takes a lot of time to run in the personnel, which is also a kind of pit.

The ideal is very plump, the reality is very skinny, and it is probably about entrepreneurship. In the early stages of starting a business, you usually have big ambitions and think about how to develop your business for a long time, but it is difficult to realize it.

Entrepreneurship without money is probably the biggest headache, planning a very good prospect and development, but no money will block all the ideas back, so you can only raise money first, on the way to start a business is always thinking about how to get money.

The goal and task can never be completed, and the entrepreneur must set goals for himself, such as annual goals, quarterly goals, monthly goals, daily goals, etc. The goal can be achieved best, and if it is not achieved, it will greatly dampen the enthusiasm for entrepreneurship.

Deviation of brand understandingWhen I first started a business, I always wanted to build a brand, and it was because of ignorance that I failed. Later, I slowly understood what a brand is, and the real brand either relies on the ultimate product, through word-of-mouth and time accumulation, or relies on the capital market to smash the market.

This is because everyone has different experiences after starting a business, so all kinds of pitfalls may be encountered. What I shared is the situation of joining this piece, hoping to help everyone avoid being thundered.

In the past three years from 13 to 15, we have joined the baking industry and opened a franchised bakery at the crossroads of the county. I won't go into detail about the specific experience, but mainly talk about the pain points from Xiaobai to specific industries.

The first pit: is the franchise fee, everyone charges different franchise fees, from tens of thousands to hundreds of thousands, responsible for training everyone to learn pastries, bread, cakes, water bars, desserts and so on. Generally speaking, it is said that the technical master of the headquarters supports it, and there are bright prospects after the store opens.

But it's not that easy to find out in hindsight at all. From shop decoration to follow-up materials, material procurement requires more people to maintain and operate. It's not something that can be solved by inviting two masters over.

Often, the more difficult it is to operate in the future, and in the end you can only close the store.

The second pit: rent, water and electricity, in order to let everyone have a better experience, the indoor is basically opened from the display cabinet to the air conditioner every day. The landlord sees that the daily operation of the store is still maintained, and often has to increase the rent on an annual basis, otherwise it will not rent to you.

This will lead to either closing the shop and leaving, or continuing to accept the landlord's request for a rent increase.

The third pit: Once you start a business, you are not a free person, and you have to work overtime to make goods during the holidays. Especially Yichang empty KTV, there are people ordering cakes at 12 o'clock in the evening.

On the first day of the Lunar New Year, some people also ordered cakes. Working overtime to make moon cakes during the Mid-Autumn Festival, this industry is really not so easy to do. It's not that you can make money by working hard.

If you're Superman, you probably can try it.

The fourth pit: peer competition. Because the store was able to continue to operate, four cake shops appeared in the area where we were located. What we really face is that we are embattled and unsustainable.

So these are the lessons of blood and fire, entrepreneurship looks very beautiful, and it can only be maintained by hard carrying. In the process of opening the store, we also contacted friends who joined together before, dozens of people used to train and open stores, and after two years, there were basically no more left, and they all ended in disgrace.

Every industry has various pitfalls, and under normal circumstances, it requires the cooperation of resources from all aspects to avoid them. If you are a novice, it is more appropriate to go to work with peace of mind.

In the process of starting a business, I encountered big pitfalls such as being deceived by funds, being deceived by financing, having difficulty in applying for relevant certificates, being deceived by partnerships, and not grasping the market accurately.

Digging the foot of the wall by the partner of the world, the investor is the best return, blindly choosing the popular industry, not considering the risk of creating and destroying the reputation of the industry, not enough funds, and owing a lot of money for loans, these are all pitfalls.

If you want to start a business, it is recommended that you choose a suitable entrepreneurial project, see if you have the qualifications of the relevant project, and work hard after finding the right project. Of course, funding in the process of starting a business is also a problem to consider, and if you have limited start-up capital, you can solve it through a small loan.

It is recommended to use the money to spend, the money to spend is the credit brand of Du Xiaoman Finance, which provides users with safe and convenient, unsecured and unsecured credit services.

With money to spend on consumer loans, the daily interest rate is as low as low, and the annualized interest rate is as low as low, which has the characteristics of easy application, low interest rate and fast lending, flexible borrowing and repayment, transparent interest and fees, and strong security.

On May 21, 2021, Du Xiaoman Finance launched a small and micro activity with the theme of "Home and Wanye Xing", and Fengtong provided 100,000 copies of "Daily Interest + Million Insurance" gift packages to help small and micro enterprises grow. The number is limited, first-come, first-served, please refer to the details of the event on the page of Du Xiaoman Financial APP.

Share with you the application requirements for consumer products with money: it is mainly divided into two parts: age requirements and information requirements.

2. Information requirements: During the application process, you need to provide your second-generation ID card and your debit card.

Note: Only debit cards are supported, and the application card is also your debit card. My identity information must be the second-generation ID card information, and I cannot use a temporary ID card, an expired ID card, or a first-generation ID card to apply.

This answer is provided by Youqianhua, due to objective reasons such as the timeliness of the content, if the content is inconsistent with the actual interest calculation method of the Qianhua product, it shall be displayed on the page of Du Xiaoman Financial APP-Youqianhua Loan. Hope this is helpful to you.

<> "As an entrepreneur, there are some pitfalls that must not be jumped.

1. Many people don't know what to do with the dust, and they don't know how to live, mainly because they have seen too few people, the circle is too small, and they know too little about the old mountain.

If you look at how others do things and live, you will naturally be enlightened!

2. Many people don't respect other people's skills and experience, and often say that this thing is only how much is it that you want to be so expensive?

Give him a needle and let him try his own acupuncture, give him scissors and let him try his own haircut...

He understood.

3. To practice any martial arts, you must practice basic skills, and you must start from Zama step, punching fist brothers, and practicing breathing, which is not something that can be learned as soon as you go up.

The more solid the basic skills, the faster you can get started, the faster you can learn anything, and the faster you can change any project.

4. It's not because a person is old that he's powerful, but because his brain grows.

Some people are old, but they are still not mature and stable enough, so they can't make money.

5. We must give full play to our own advantages, rather than filling our own disadvantages, habitually do what we are good at, and habitually operate what we are good at in the market.

6. To make money must follow the market, where there is demand, where to toss, where to toss, where to toss, this toss is to follow the people who have succeeded, cycle lethal actions, rather than tossing blindly.

7. We can only develop in one field, and we lock a certain point in a field, if we lock more points, we can't make money at all.

On the contrary, we only lock on one point: bit by bit, perseverance to knock and hit, but can stand out and become a king in a certain field.

8. Why can't you get money all the time? There are so many things I want to learn, so many things I want. Because it's fast, you can't learn anything, because it's slow, you can learn anything, and the unique work is all done and repeated, not meditated and thought out.

9. If you find the selling point, you will always be a good teacher to find teaching materials and peers.

10. For newcomers, if you are accustomed to listening to the teacher, you can take fewer detours, after all, the teacher has been exposed to more projects, and the guidance given by the teacher will avoid unnecessary actions as much as possible, and do what you want, and there will be more detours.

<> "What pits have you stepped on in entrepreneurship?

1. When I first wanted to start a business, I was looking for projects everywhere, and then I saw an article written by a "big guy" about a broadcasting project, low cost, high income, casually 2w months, so I added his friend and sent him 200 red envelopes, hoping that he could tease my pants and take me. He said he needed to pay 1680 to take me. After observing for a while, I couldn't help but pay the fee, and he threw me more than 300 teaching lessons, and so far I have only watched the first few lessons.

The mountains are simple. 2. When I was a freshman, I saw that I was talking about making money as a typist on the Internet, so I joined their chat room and paid a membership fee of 580 to staring at the posture, and in the first few days, there was a job assigned to me every day, and the teacher also returned to me 20 a day, and after returning to 120, I could no longer receive a job! Later, I calculated and lost more than 300. After that, I can only comfort myself, but fortunately, the ones who pay are the lowest, and those who pay 1200 pay more.