I'm very much against the kind of naked entrepreneurship, selling the house and the car, and offsetting it all, some people will tell you that you can only succeed if you have no way out.
But I completely disagree with this statement, if this way is advisable, why are so many companies closing down in the three years of the epidemic, and so many people are in debt, like street rats. Streaking a business can really make you die a miserable death, and if you fail, you will lose everything.
Therefore, we must not be all in when we start a business, otherwise when you fail to start a business, you will be in the bottom line, and you will lose all your money. When contemporary young people start a business, it is recommended to find an investor and borrow the power of capital to leverage greater wealth. During the epidemic, Haidilao has lost a lot, but the boss of Haidilao is not panicked at all, why?Because it is not him who is the backstop, there are investors and stockholders who are giving him the back.
In today's competitive business environment, more and more people are eager to break free from the shackles of a 9-to-6 job and become their own boss. However, it is not wise to start a business blindly. When choosing your entrepreneurial path, here are some tips to help grassroots succeed.
First, seek part-time or side hustle opportunities. Working part-time or starting a side hustle allows individuals to try their hand at the life of an entrepreneur while maintaining a steady income**. For example, many people start their side hustle by selling handmade goods or offering freelance services through online platforms, gradually forming their own brand and customer base in the process.
Second, consider seeking a partner. Partnering with others with similar visions can share the risk and drive the business forward together. For example, a group of young people who share a common vision of environmental protection co-founded an eco-friendly product company after graduating from college. Through cooperation, they effectively integrate resources and reduce the risk of starting a business.
Also, seek a mentor or training. Whether it's participating in an entrepreneurship camp or looking for an industry mentor, entrepreneurs can avoid detours. For example, a young man who has just quit his job from a technology company has learned the necessary knowledge of marketing and financial management by participating in a startup camp, which helps him better plan his entrepreneurial path.
Finally, manage your money prudently. In the early stages of starting a business, managing your money effectively is crucial. Many successful businesses, such as Apple and Amazon, were founded with a strong focus on cost savings. Therefore, grassroots entrepreneurs should learn to use limited funds rationally and avoid blind investment.
To sum up, entrepreneurship is a challenging path that should not be taken lightly. By seeking part-time jobs, finding partners, seeking mentors, and managing funds carefully, grassroots entrepreneurs will be more likely to stand out in a competitive market and achieve their dreams. I am Shangguan Jingfeng, welcome to join me in the ** investment management way!