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Why is it that most people nowadays start a business and end up in debt?
The failure rate of entrepreneurship is very high

Entrepreneurship is a life of nine deaths, there are losses, so it is a test of a person's psychological quality of @ Yiwu Red Hat Xia adhere to the down, bold and careful or can make money

Because most people start a business is to go to an industry that they are unfamiliar with, to take their own experience, do not want to go to work the year before to do a small catering, and the result is that the debt. Debt, the first is too little understanding of the catering industry, the threshold is low, most people can do, the competition is very large, and there is no experience in opening a store, site selection do not understand, the measurement of traffic, their budgets, labor costs and so on and so forth, go to an unfamiliar industry how to be able to compete with peers familiar with the experience? If you want to succeed must be a very good understanding of the industry, and can be deep plowing, do not just do a year or two to give up, the doorway has not been touched, another reason I feel is the problem of money, the beginning of the business are losing money, rent, labor, office supplies and so on, and so on, the beginning of the beginning of the very few come up to earn money, all to slowly operate for profit, perhaps in the process of funds can not hold out!

Entrepreneurship looks like it's a good idea.

Entrepreneurship seems to be a very good thing, in reality, there are indeed many people through entrepreneurship to realize the turnaround, and from then on life on the brilliant, but we see more is that many people in the entrepreneurial not only did not succeed, but is responsible for the tired, because of the business of the return to the poor in many people. As the saying goes, "success is also Xiao He defeat Xiao He", young people entrepreneurship is the biggest capital is "young", but which is ultimately successful is a minority, most people fail to reason is "young".

It is worth mentioning that entrepreneurship requires courage, and most of us have been working in the enterprise all our lives, and never thought of starting a business, because the risk of entrepreneurship is too great. Entrepreneurship means to bear the risk of high volatility, without a stable source of income, and young people have just stepped into society, parents are still working, the family burden is not big, so there are fewer concerns, more entrepreneurial ideas. But the process of entrepreneurship, young people often make "young" mistakes. Lack of social experience Many young people start a business project is very good, the idea has innovative, but in the real implementation of the process, but often face considerable difficulties. Among them, a considerable part of the reason lies in the lack of industry experience, the idea of first-class, but really want to land profit, found that they do not have hard basic knowledge and social experience at the bottom, no matter whether it is the management of employees or, or marketing products, often busy, but the effect is not good, and ultimately end up with a loss. Lack of stress resistance Entrepreneurship will never be a smooth sailing, in the actual business, young people may encounter large and small difficulties, some difficulties can be resolved immediately, while some difficulties need to fight the "war of attrition", it is not possible to achieve overnight. Part of the young people can not withstand the pressure of entrepreneurship, in the face of a pile of "trouble" will have to avoid the psychological, and then can not completely solve the project problems in the operation of the project, resulting in the failure of the business project. Mentality is too impatient young people are more anxious, even if it is entrepreneurship also want to immediately get the benefits, and can not wait for a year to realize the "freedom of wealth". But in fact, many entrepreneurial projects will face losses in the initial investment, as big as Alibaba, Jingdong, as small as an ordinary individual businessman, the loss of the preliminary exploration stage is inevitable. At this time, some young people will produce boredom, that entrepreneurship is not as fast as they imagine money, so they lose the motivation to start a business. To summarize, I think that the reason why most young people fail to start their own business is more or less their own lack of social experience, mentality is not mature enough, and willpower in the face of difficulties is not strong enough. Therefore, we young people to take full advantage of the advantages of youth, lay a good foundation, until they have a certain amount of social experience and material resources before considering entrepreneurship, may be a lot more successful, in short, entrepreneurship is something everyone wants to do, but not everyone can be successful, entrepreneurship is a very difficult and dangerous road, the probability of failure is very high, so everyone in the end to start a business or not, you have to do an in-depth assessment of yourself, only if you have the ability to start a business. In-depth assessment, only they have the conditions for entrepreneurship to do, and firmly to do, do not give up halfway; but if they are not entrepreneurial material, then it is recommended that we give up early, or entrepreneurship to the end of the business may return to poverty, and even even involve their families.

are not in control of their own, when the industry to the peak should be retired, rather than expanding the development, see the good on the harvest, there is no long-term industry. Just like all kinds of animals is the development of generation after generation

This problem has troubled me for many years. I started from the age of twenty-two to start a business, open furniture factory, and then opened a shoe factory. Later opened a decoration company. Finally all failed. Now twenty years, are still negative more than two hundred thousand external debt. Now is also working to pay off the debt. Come on

With my experience in these years, it is also my personal experience.

Before they move, the financial first, do a good job of financial planning in advance, do a good job of their own asset allocation and business funds management, to save for a rainy day, as far as possible do not loan start-ups, learning to finance start-ups. Because the important factor in determining the success or failure of a business is not profitability, but first have a good cash flow, cash flow, we must learn more about financial management, when "blood transfusion" when "blood"

These years a wave of mass entrepreneurship, we all want to start a business. Wave, we all want to start a business want to be the boss want to earn money in other people's pockets, the street boss manager more and more, resulting in business commodities homogenization is becoming increasingly serious, where to make money where the money to run, and finally everyone's living space has been squeezed, the price wars are also up and down, and profits naturally declined. Now no matter which industry, the market is over-saturated, homogenized competition is very strong, there is little gruel, a profitable we all rush, we open supermarkets together, open restaurants together, open clothing stores together, together with factories and businesses. Besides, due to high housing prices, people's wallets have been high prices out of seven or eight, the house slaves face a high monthly mortgage are anxious, which still have money to spend it? This also leads to the consumer market is weak, the phenomenon of overcapacity in all walks of life is becoming more and more intense.

Now society is progressing, we have entered a new era. Many young people with ideals, will be their own passionate sprinkled in the cause. "North, Guangzhou and Shenzhen" is how familiar a word ah, they used to be the paradise of entrepreneurs, every second there are countless entrepreneurial personnel to come here, but how many people in these pieces of holy land to achieve success? However, as the development of society becomes smoother and smoother, and entrepreneurship becomes more and more difficult, these places have become the paradise of wage earners, and are no longer suitable for small groups of entrepreneurs. As a result, entrepreneurship has gone from being an innovation for everyone to being a daredevil for no one, and it has gone from being popular to being synonymous with "difficult".

Most people start a business by a brain passion, impulsive, when the business encountered difficulties, due to the lack of understanding of their own and entrepreneurial projects as well as market conditions, the business may fail, both fear of risk and will not be able to control the risk, so that the deeper and deeper into it. There is no depth of knowledge and correct perception of everything. It also determines whether the entrepreneurship is successful and how high the return is. If you improve your cognition through learning and start a business within your cognition, maybe the success rate will be high. If you start a business outside of your perception, you are bound to fail. If the first thing that comes to your mind before starting a business is risk, then you will think carefully about the options. You would have divided your money into portions and used only one portion at a time for each business venture. You will also envision the difficulties you may encounter in starting a business, and have a pre-emptive approach to dealing with them. Thus, you will be able to avoid risks and control them to achieve success. Even if you fail, you will have the opportunity to summarize and then start again, so that you do not have to engage in a failure on the debt situation.

Anyone who has failed and succeeded, take your time, accumulate experience, believe in yourself, one day will be good.