Don't be a windfall startup! This is one of the biggest pits

5 years ago, a college friend invested in a VR/AR company in Guangdong, he is the majority shareholder, but the specific operation by the entrepreneurial team is responsible for. In those years, it was also the hottest period of VR/AR in China, with various experience stores blossoming everywhere, and entrepreneurs and investors emerging. But after the tide, most of the startups have become the outcasts of the times and have been cut leeks. The company of the classmates also sold at a cheap price.

4 years ago, the blockchain, virtual coin fire all over the network. A good friend in Sichuan kindly invited me to join, "It's really not possible, you can write articles for us on a part-time basis. An article, 30,000, 50,000, or even more than 100,000,000, as long as the fire, than you work part-time to make more money!" He had just joined a virtual currency company based in Hong Kong, and boldly predicted that the owner of the company would surpass the "two horses and one king" to become the richest man in China, or even the richest man in the world! I am too new to virtual coins, so I finally refused! The other party was quite unhappy. Of course, a year later, China explicitly did not recognize these virtual coins, and my friend's company disappeared! Now we are still good friends, but we are smart enough not to talk about virtual coins.

Over the years, I y feel: entrepreneurship, do not do the wind on the mouth!

Just like speculation in the stock market, when the stalls, selling fruit, square dancing moncler jackets outlet are talking about the stock market soaring market, when a lot of people are selling or mortgaging real estate to borrow to invest in stocks, this time is the stock market is the most crazy, the most peak period, and then followed by the 2015 Chinese stock market crash that kind of fall, thousands of shares fell, thousands of shares stop, and thousands of shares stop the tragedy appeared!

Do the wind on the entrepreneurship, too! Once a thousand group war, *** enjoy bicycle, *** enjoy taxi, fresh group purchase, teaching and training industry, P2P, smart phones, blockchain ...... are all the same.

Doing business on the wind, the two biggest risks:

1, capital crazy blood fight, circle shuffle game! There is no large capital, will be played out! Even with mega-capital, in the end there will only be 1-2 of the largest oligopoly exists. Entrepreneurial mortality rate of 99%!

2, when entrepreneurs enter the wind mouth of the industry, suddenly will find themselves already "high set"! When you cut into it, has been the whole industry to reach the peak, immediately turned down to the bottom of the stage, whether it is the industry's full reshuffle or a substantial pullback, are not you the entrepreneurial novice can afford!

Catch less wind. When you intervene, the wind mouth is gone; when you do not do, the wind mouth again.

Start a business, don't be a windfall business!

So, what does entrepreneurship do?

1, do the trend. Every entrepreneur has their own initial, "do not forget the original intention, the party always", adhere to the bullish trend, firmly do it. Do trend money is the best money!

2, do the cycle. Most industries are 5-10 years of industry cycle, whether it is clothing, home appliances, home, or steel, minerals, energy, etc., if we start a business with a 5-10 year cycle, then it will be proactive, firm goals, pre-compacting the foundation, make slow money, wait until the industry cycle arrives, the peak comes, our business will get the biggest opportunity to make slow money into making fast money! Layout in advance.

3, do their best. With the "slow money" idea to start a business, focus on business, do their best, stick to it is a victory!