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Five Mistakes Often Made In The Early Days Of A Company

2011/3/8 16:26:00 212

Company Position Risk


crux

position

Use the wrong person


Error 1: using the wrong person in key positions


If the new venture wants to develop rapidly, all monkeys are anxious, and the plan will never catch up with the actual process.

company

Everyone in the room must resist several aspects of work.

Under such circumstances and pressures,

Entrepreneurship

People must employ a lot of people in a very short time.

At this time, one of the most common mistakes is to rush to hire people and forget that the quality of people should be the first important thing.

People often have the idea that they should first be anxious before they can hire talented people.

This is a big mistake.

The wrong result often takes a lot of time to show itself.

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Caution avoids risk reduction


Error 2: be cautious and avoid risk reduction.


Many entrepreneurs are cautious and dare not to fight big battles.

But this is wrong, because the failure of a small battle is no less than a big battle.

That being the case, why not go all the way and lose the bad luck? If you win it is a grand slam.

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Catering to venture capitalists


Error 3: cater to venture capitalists


Let's take an example: a gentleman has a very good idea. He finds someone else has a similar idea and just got the investment. So when he talks with us, he always tries to rely on that similar idea.

He thought that since we invested in the front, we would be interested in him.

But he forgot one: what we want to know is what his thinking is different from before.

We don't want to invest in two very similar companies.

Fortunately, we did not give up immediately.

We spent a lot of time to peel off one after another, and finally we saw his true face and gave us investment.

But this is a special case.

More often than not, we don't have much time.

So you must speak the truth, so that we can properly assess.

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Underestimate competitors


Error 4: underestimate competitors


Suspicion is a bad thing, but in business competition, it is the quality of all successful people.

Bill Gates and Andy Graff are the two most successful entrepreneurs and two most suspicious people.

No matter how successful their companies are, how much market share they have, how many times they have been on the cover of magazines, they are always considering the next step.

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Focus only on money.


Error 5: focus only on money.


It is no secret that an enterprise must make money.

But if making money becomes your sole goal, it will lead to many problems: focusing on immediate interests and ignoring long-term investments can not improve the morale of ordinary employees and lack long-term plans.

This is like a fable, when you catch butterflies, you get more and more confused.

On the contrary, if you sit there quietly, the butterfly will fly to your shoulder.

Of course, sitting quietly in a commercial field is not acceptable.

But excessive pursuit of money will make you less.






 
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