Venture capital line has this saying: entrepreneurial life and death in 8-12 months, so the first year of entrepreneurship to do the project is particularly important, how to get through this "head off"? Must think about the following points:

One, entrepreneurial preparation stage of the comprehensive thinking, that is, the project does not exist "hard" which is particularly important:

1, the original capital:

Many of the time it is a multi-shareholder investment or crowdfunding, etc., then generally speaking, the assessment of the original capital must be thinking about: capacity, resources, specialties, cycle, and the ability to make the project a success, and the ability of the project is also important.

The original capital:

Many times there is a multi-shareholder investment or crowdfunding, so generally speaking, the assessment of the original capital must think about: capacity, resources, specialties, cycle, cost sharing, profitable business, etc., and then to determine "how much of the original capital of this project is still prepared, and on the basis of an objective assessment, plus 50% of the amount to be done as a pre-prepared to protect.

2, partners within the clear rights and responsibilities and roles, exit mechanism

This is particularly important, it must be clear: role, exit mechanism, rights and responsibilities; such as halfway through the exit, exit mechanism is how? The role of each person, never "role cross-border", must fulfill their obligations, rights and responsibilities are clear.

3. After the original funds are gone, what should we do? What about those who don't have the money?

4 options: either shareholders within the proportion of shares to increase investment; either shareholders within a shareholder to increase investment, other shareholders in proportion to the reduction of shares; or all shareholders as borrowers, *** with the borrowing, *** with the responsibility for the loan. There is another is "recruiting new investors";

4, the core participant's salary: this is not handled well, there will be tangled in the future.

In principle, "because of the pre-start-up period, the core staff only do the accounts, not actual payment", that is, the core people "get salary treatment, only do the financial accounting treatment, do not do the actual payment ...... "That is, the rule is "we work together, who pays, who gets ......" salary treatment is now "pay", if there is a profit, pay Of course, when the separation of the family, but also to set out to understand these, generally speaking, "everyone pays", this point does not do "separation of the liquidation of the accounting content. ...... This is the future do not get entangled in who pays more, who pays less ......

5, profit business decisive division: immediate profit business immediately decisive and rapid implementation; long-term business should be measured objective preparation for the perfect.

Don't get entangled in any business model, don't listen to any master's guidance, all to "cash flow" as the core, don't try to what "financing" in the early stage of the business, all to cash flow as the main; if the original funds are used up, there is really no way to. Refinancing ......

6, save money, save money, save money:

Be sure to save money: office can not rent on not rent, looking for shared rent; personnel can be reduced on the reduction, can be part-time on the part-time; a variety of costs can be saved on the provincial; fixed assets can not spend on not spending "now a lot of all the Office supplies for rent"; travel can save on the province, a variety of high-end bragging rights than the General Assembly, can not go to go, can be mixed on the mix, on how to mix the high-end General Assembly of the hotel and dining these are pre-founders have to learn ......

7, the money to spend in the "tip of the knife": that is, the money invested in "can become money on the business":

Any sum of money should have a clear "output indicators", every sum of money to understand "I rely on what to earn back"......

8, pre-venture shareholders to "normal mindset": who is not particularly great pressure, eager to invest in making money shareholders do not, poor borrowing shareholders do not. Poor borrowing shareholders do not, the mind too anxious shareholders do not;

No commitment, no responsibility, no explanation, this is the principle of the shareholders; anxious mind, poor borrowing, want to get rich, do not become a shareholder, need to explain do not;

Only then, the mentality of everyone is "*** with do something! Entrepreneurship is risky, investment needs to be cautious.