Re: 94 Entrepreneur: I came to Beijing to start a business for three months, and I almost died of starvation.
what you really focus on is not financing, and don't raise money when you don't have money, because the capital you think you can finance will not be worth it when you are in urgent need of financing. You have to have enough capital to survive and live long enough to succeed.
don't think the executives of big companies are a lot of
don't think that the executives from XXX companies that have come from X round financing think they're a big fork. Because his abilities do not work in a business company, although it can be introduced to others, your company's C O comes from XXX, but these are "natural and egg", not all executives in entrepreneurial companies can have strong executive power from 0 to 1. Everyone has its value, but not everyone can play in the start-up company. On the contrary, those people who don't have three or four things to drink a few bowls of chicken soup in a start-up company and run a 42 kilometer marathon at a stretch are no good!
must find your investor
at the time when our product came out, we met an investor. We had no valuations at that time. We were willing to cast us 2 million after communication, and as long as we were twenty percent. After several discussions, we accepted the investment. At that time, we could hardly get enough financing at this stage. However, such a financing gives me nothing.
I still remember that we were all ready for the next step, though the budget was tight, but we were enough to survive for half a year. In this period, we could make a profit as long as we could transform it. That's right. When our group of 90 people and a group of 80 people are still enjoying the financing, investors are withdrawing money. In the case of investors who did not pick me up, they counted out their finances, and the company accounts were already in debt of 200 thousand.
I really want to write the master that took me to Beijing to start a business, but now I think it's not necessary. I'm very grateful to my 80s partner. He told me what to do after 90. So, since I will start my business in the future, I will not label the post-90s as a label.