We often hear about cases of entrepreneurial failure, and there are countless cases of failure. But as an entrepreneur, no one wants to fail. Many people will look for the entrepreneurial experience of their predecessors on the internet and find the main reasons for the failure of entrepreneurs. What are there? How can we avoid it? Below I will tell you about the main reasons for the failure of entrepreneurs, hoping to help you!

What are the main reasons why entrepreneurs fail?

First, there is insufficient funds.

I believe that most entrepreneurs don't have much money when they start a business, unless they are rich second generation. When funds are scarce, it is the first choice for many entrepreneurs to borrow money from friends and apply for loans. However, it is common to meet friends who don't want to borrow money, and it is not enough to borrow money from the bank. At this time, I was thinking about all kinds of crooked ways, looking for usury and looking for improper ways to get money. This is the worst way to deal with it. We need to stop ruining our future.

Second, only pay attention to interests.

When you were a migrant worker, maybe your idea was how much money you could earn every month. But entrepreneurs, we need to think about what functions and benefits our products can bring to consumers. If you start a business just to make money, then your mind will always be narrow. You can't dig deep into the needs of users, and you can't solve the needs of users. No matter how good your skill is, it's useless.

Third, do not attach importance to the team.

If you are an entrepreneurial team, but you often don't pay attention to cooperation and do things according to your own ideas, this will definitely not work. The most important thing in teamwork is communication. It will save a lot of time if the team assigns tasks well and completes them separately. If you keep going your own way, such a team will easily collapse.

Fourth, lack of passion and professional skills.

Only when you have enthusiasm will you like your career more and more, and you want to study it more and more, so that you will not be easily defeated when you encounter difficulties. For a startup company, if the leaders and employees lack passion, they will gradually feel tired. Professional skills are also the decisive factor to support your passion. If you don't know your own field and are completely immersed in your own world, you can't develop, you can't move forward, and you won't overcome your sense of crisis. You will always be immersed in impetuous and complaining, unable to extricate yourself.

Starting a business is not something that can be done casually in a day or two. We need to persevere and get used to each other. Find the reasons for these failures, and then avoid them, so as to avoid detours and make your own entrepreneurial road broader.

Entrepreneurs' types of entrepreneurs

1, copy entrepreneurship:

Copying the business model of the original company, the innovation content is very low. For example, someone once worked as a chef in a restaurant, and later left his job to open a new restaurant similar to the original service restaurant. Although the ratio of replicated entrepreneurship of new companies is high, it is not the main research object of entrepreneurship management because of its low innovation contribution and lack of entrepreneurial spirit. This kind of entrepreneurship can only be called "how to start a new company", so it is rarely included in the study of entrepreneurship management courses.

2. Imitate entrepreneurship:

Although this form of entrepreneurship can't bring new value creation to the market, and the innovation component is also very low, but unlike replication entrepreneurship, the entrepreneurial process still has great risk components for entrepreneurs. For example, the manager of a textile company resigned and opened a popular online coffee shop. This form of entrepreneurship has high uncertainty, long learning process, many opportunities for making mistakes and high cost. This kind of entrepreneurs still have a great chance of success if they have suitable entrepreneurial personality characteristics, undergo systematic entrepreneurial management training and grasp the right time to enter the market.

3, stable entrepreneurship:

Although this type of entrepreneurship has created new value for the market, entrepreneurs have not faced much change and are familiar with their work. This type of entrepreneurship emphasizes the realization of entrepreneurship, that is, innovative activities, rather than the creation of new organizations, and internal entrepreneurship belongs to this type. For example, after developing a new product, a group of R&D units continue to develop another new product in the enterprise department.

4. Adventure-oriented entrepreneurship:

This type of entrepreneurship not only brings great changes to the entrepreneurs themselves, but also has high uncertainty about their future. For the product innovation activities of new enterprises, they will also face a high risk of failure. Adventure entrepreneurship is a very difficult type of entrepreneurship, with a high failure rate, but the return on success is also amazing. If this type of entrepreneurship wants to succeed, it must be well matched in entrepreneurial ability, entrepreneurial opportunity, entrepreneurial spirit, entrepreneurial strategy research and formulation, business model design, entrepreneurial process management and so on.

If you want to start a business, you must first have a deep understanding of entrepreneurship. Through investigation and study, people have their own experience and pave the way for future entrepreneurial work. Understand the types of entrepreneurship and choose the way that suits you, that is, choose the life that suits you.

Entrepreneurial tips for entrepreneurs

1. Learn to listen

In any case, you should make yourself an excellent listener. When talking to other people, you should devote yourself seriously and ask them specific questions.

Although sometimes some techniques of pretending to listen are practical, such as nodding to each other, your thoughts have already drifted thousands of miles away. But listening is actually a very important skill for entrepreneurs. You should learn to pay attention to the problems and needs of everyone around you.

Asking specific questions to each other can help you open your heart faster. Remember, it must be a specific problem. Try to understand the difference between the following two questions: "How was your day?" And "Did you get good feedback on the product introduction you prepared yesterday?"

The ability to listen will bring you a lot of gains, such as helping you make the right business decisions at the right time.

Find a solution

You should make yourself a problem solver. If you stumble across a problem, the best way is to tell your team. If your team can't solve this problem, you can provide them with a feasible solution.

To do this, we must combine the first one: listening. When others talk to you, you are likely to find their problems, and then you should try to find a solution to this problem.

However, it should be noted that unless you are sure that the other party really cares about your opinion, don't rush to provide a solution, otherwise the other party may not only be ungrateful, but also think that you are "meddling". Many times, we are always too enthusiastic and ignore each other's real needs. Maybe people just want to take you as a spit object, and they don't mean to ask for your advice.

3. Be serious from the beginning

Starting a business doesn't mean quitting your present job. You can do both. But that doesn't mean you can think of it as chicken ribs. Once you start, you should be serious. You can start a project you love while maintaining your current job. This project can take various forms: for example, creating a podcast. In the process of managing podcasts, you can set some goals for yourself, such as keeping the number of visitors increasing and growing at a certain speed; Improve your popularity on the internet, and then find ways to make money through this podcast.

When is the best time to start chasing your dreams? This opportunity simply doesn't exist. Instead of imagining things, it is better to start today.

The Internet and all kinds of software provide you with valuable tools. You can use them to prototype products or build an international community, all of which don't require you to take the risk of quitting. You can sell the prototype products to those customers who need them most. You can publish your own books online without relying on the support of publishers.

Don't wait for the so-called excellent opportunity. As samuel beckett famously said:

"I tried. I failed. It doesn't matter. Do it again. Fail in a better way next time. "

Failure is inevitable. You may fail many times. But you shouldn't give up. Every failure is actually every semester you spend in the world's top universities.

Control fear

Entrepreneurship is a terrible thing. But what if there is no risk? An easy life and changing the world are never good friends. You should get used to this life of fear. Entrepreneurs are people who are at the forefront.

In my eyes, fear is like a flame on a stove. On the one hand, it can cook rice. On the other hand, it may burn my hands. Fear will keep pushing you. Fear can also stop you from doing reckless things. But if you don't control it well and let it spread, fear may burn you to ashes.

If one day, you find yourself without fear, don't think it's a good thing. You should think that there is a flame of fear burning in your body all the time, and then learn to control it instead of ignoring it.

Don't mistake fear for cowardice Don't think that ignoring fear is a sign of courage. There's nothing wrong with being a little scared.

Embrace uncertainty

If fear is a flame burning in the corner of your heart, then uncertainty is the air you live on. As an entrepreneur, you need to make plans and strategies constantly. But no matter how perfect the plan is, it may get out of control. Reality will always tear up your plan in front of your eyes and make you dumbfounded.

The key to dealing with uncertainty is to keep your flexibility.

Many people regard instability as their greatest enemy. For these people, entrepreneurship is not suitable for them. People who regard uncertainty as an interesting challenge are more suitable for starting a business and for us to worship.

These people will make mistakes, be defeated by reality, struggle on their knees, and come to the brink of giving up. But they just rest on the edge and never give up. Because these people know that if they want to win the war, they have to go through countless battles.

Therefore, the next time you experience setbacks, you should take a few deep breaths, learn from your mistakes and start from scratch.

6. Don't feel that everyone is targeting you.

Entrepreneurs always feel lonely. They looked around and found no one believed them. You will also experience this kind of loneliness, and maybe you will feel crazy by this feeling. And when you try to ask for help, you will be rejected again and again.

Your teammates will question your decision. Your competitors will laugh at you mercilessly. The people you trust most will also let you down. You will feel that you have become the target of everyone, and everyone is targeting you.

All you have to do is accept this rejection. I'm not saying you want to be a masochist. What you should do is get used to this loneliness. Just because others don't believe your vision doesn't mean your idea is wrong. The rejection of others will not affect your success.

Maybe this is one of the hardest things for many people, at least for me. I always find it difficult to accept rejection from others. But once you prove yourself right, even if it is only a small matter, your self-confidence will be greatly improved.

Everyone has his own views and interests, and has his own problems to solve. In addition, paradoxically, the worse a person's personality, the less he will tolerate other people's shortcomings.

This is just the opinion of others, not personal. Although they may hurt you, judge you or make you fly into a rage, it's because they don't understand your thoughts. People who can see through our true thoughts are "soul mates" that can be met but not sought, and only a few lucky people can meet them in their lifetime. For most other people, we can only walk alone in the dark.

Learn to breathe

Stress can make people breathe shallowly, leading to a decrease in blood oxygen content. As a result, tension and anxiety have increased. Forgetting the correct way of breathing can lead to various physiological reactions, such as headache, muscle aches, sleep disorders and so on.

Therefore, when someone tells you to take a deep breath, you'd better do as they say. In the case of sudden increase in stress, the correct way of breathing can often get you into a better state, and the effect is far better than drugs and alcohol.

Every once in a while, I feel that the world will crush me with its weight. In this case, I usually stop what I am doing, take a deep breath, and then pay attention to the smallest details around me. Doing so always brings my mind back to a safe place.

You can download a meditation application, sign up for a yoga class, or find a professional who can teach you how to breathe correctly. Many years ago, I sprained my foot while running. My physiotherapist just asked me to breathe a few times with his rhythm during the treatment. As a student at that time, I felt that the physiotherapist was cheating me of my money. Thank you very much for his breathing training from today. It turns out that breathing can relieve pain in a short time.

8. Priority and relaxation

Many people should have heard of Pareto Law, which is 80/20 Law. The content of this law is: 80% of the results come from 20% of our actions. Although we are all familiar with this rule, most people will completely forget it at work. We always let ourselves handle many things at the same time, and then let ourselves be "stressed". Then I lied to myself that this busyness and sweat will eventually bring us rewards in some way.

We always dream that our working hours can be reduced every day, but we refuse to believe that we can actually accomplish more work in a shorter time. Always remember that the 80/20 rule can help you achieve this goal, and you will find that you are actually 80% inefficient every day. Applying this rule to work means putting the most important work in the most efficient 20% time every day. In addition, you should set aside some inefficient time to relax every day.

Many people think that entrepreneurs should work at least 16 hours a day if they want to succeed. I totally disagree with this statement. In my opinion, we need all kinds of stimulation every day to avoid the stagnation of work and thought. For example, if you are an expert in marketing, you should take time to read related blogs every day, or buy some latest books on marketing on Amazon. That's good. You should get into the habit of reading. Besides professional books, you should also read a few science fiction novels from time to time for real leisure reading. Rest is not a sin.

9. provide nutrition for your creativity

Studying in a certain field 10000 hours can make you an expert in this field. However, if you want to get new innovations and fresh ideas, you should remember that the pursuit of fresh ideas cannot be accomplished by one person, and you need others to cooperate with you.

This skill is inseparable from the listening skills mentioned above. The best observer can be the best creator.

In fact, inspiration has always been around us, but 99% of inspiration has been ignored by us. You should take part in all kinds of activities, including spending time with friends and family, exercising, learning new things or traveling, which can liberate your constrained insight.

10. Little dream

The most precious gift that life gives us is to let you find your goal, your biggest dream. Your daily job is to realize this dream.

Yes, you must have heard this sentence: "Follow the footsteps of dreams" or "Nothing is impossible to a willing mind". These words may make you full of energy, but they are just spiritual opium. Only those who want to get rid of pain as soon as possible and seek a shortcut to happiness will believe these cliches.

Your dream should match your ability. The journey of chasing dreams is very difficult and a never-ending challenge. Unfortunately, chasing dreams is more difficult than taking part in a marathon. All you can do is put on your shoes and start running forward-but you can't run too fast, even like a toddler.

In this process, you should pay special attention to those things that make you happy. I call these things "little dreams". These little dreams are easier to realize, they can make you stronger and give you the motivation to move on. If you must describe chasing dreams as a marathon, then these little dreams are things that increase lung capacity and strengthen muscles.

Then, suddenly one day, your baby-like steps will suddenly coordinate, and you will suddenly find yourself running away. Maybe there will be a moment when you find yourself far from the ground, grow wings and start thinking about that big dream of flying.

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