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The most important motivation for entrepreneurship

The most important motivation for entrepreneurship

Entrepreneurship is a journey towards success. This journey is more like a marathon than a sprint. However, if you have actually participated in a marathon, you will know this: you are still extremely excited at the starting line, but halfway through, you will find it difficult to move and fall into a state of exhaustion at a speed of less than 18 miles per hour. The following is the content related to the most important motivations for starting a business that I have compiled for you. It is for reference only and I hope it can help you.

Ideals are the most important driving force for entrepreneurship

Huang Kun, who graduated from the visual communication major of the School of Liberal Arts of Nankai University last year, founded Tianjin Saige Culture Communication Co., Ltd. with several friends. . After more than a year of development, the company now has a team of 19 people. Not long after entering university, Huang Kun set himself the goal of starting a business through career analysis. In the second semester of his sophomore year, he had already completed all the A-class courses in the college. In his junior year, he began to study and work outside the school. He often consciously went to the business school to take classes, and thus got acquainted with the business school. The entrepreneurial team, "Although they are recruited as designers, they will be exposed to the entire project process." Among the friends around Huang Kun, those who can successfully start a business and do it on a larger scale are those who have a higher ideal ceiling and have their own ideas. "Entrepreneurial awareness basically sprouts in the sophomore and junior years. It is only in the senior year that people start to think about starting a business, and few can succeed." Huang Kun believes that if you really want to start a business, you will definitely need two or three years of accumulation. , whether it is mentality or funds.

Michaels’ investigation also confirmed Huang Kun’s understanding. The survey found that among the 2009 graduates, 44% of undergraduates and 48% of higher vocational students believed that entrepreneurial ideals are the most important motivation for entrepreneurship, which is similar to the 2008 graduates (41% of undergraduates and 48% of higher vocational colleges); The proportion of 2009 graduates who started their own business because they couldn't find a job is 10% to 15%.

“Strengthening the cultivation of entrepreneurial awareness in colleges and universities is an effective way to improve the self-employment of college graduates.” Dr. Wang Boqing, chief scientist of Maxx Company, who led the survey, believes that contemporary Chinese college students are unwilling to take risks. You can see the abnormal craze for taking the civil service examination. In today's increasingly utilitarian society, it is not enough to just promote ideal education. The society also needs to form a culture of pursuing ideals, model role, policy guidance, etc. "If civil servants are indeed at an unfair advantage in terms of income and social status, how can we ask college graduates to take risks and start private small businesses?"

The biggest motivation for post-90s entrepreneurship

What motivates post-90s entrepreneurship? HSBC Private Bank recently released the latest global survey report "The Nature of Enterprise". The survey shows that pursuing dreams, self-improvement and increasing wealth are the three main entrepreneurial motivations of the mainland post-90s entrepreneurs interviewed. Among them, 50% choose pursuing dreams as their first motivation, ranking first among entrepreneurs of the same age in all surveyed countries and regions around the world.

This is different from the starting point of their predecessors. Taking the entrepreneurs born in the 1960s in the Mainland as an example, providing the best life for their families is their main original intention of starting a business, and the proportion reaches about 30% (31%).

At the same time, mainland post-90s entrepreneurs attach great importance to environmental protection and social responsibility in the process of starting a business. More than 40% (41%) of the respondents said that they have made a lot of efforts in this field. It is higher than the global average of peers (37%), second only to developed countries such as France, the United Kingdom and the United States. At the same time, the proportion is much higher than that of their predecessors. Taking mainland respondents born in the 1960s as an example, only 23% said they have invested a lot of effort in environmental protection and social responsibility.

Compared with their predecessors, the leadership style of mainland post-90s entrepreneurs has also quietly changed. More than 60% (62%) of those born after 1990 said they are willing to spend energy motivating and guiding others, which is much higher than the 13% of those born after 1960. At the same time, their daily time allocation also reflects changes in management methods. Entrepreneurs born in the 1990s spend more time on company strategy, employee management, product development, etc., while entrepreneurs born in the 1960s spend more time on social networking. Invest relatively more time.

In order to achieve their entrepreneurial goals, mainland post-90s entrepreneurs work tirelessly. The survey found that they work an average of more than 11 hours a day, higher than the global average of 10 hours, second only to Saudi Arabia, the United Arab Emirates and Hong Kong, China. Respondents born in the 1990s in Europe and the United States generally work less than those in the Mainland, about 9 and a half hours.

5 Inspiring Quotes to Motivate You on the Road to Entrepreneurship

Entrepreneurship is a journey towards success. This journey is more like a marathon than a sprint. However, if you have actually participated in a marathon, you will know this: you are still extremely excited at the starting line, but halfway through, you will find it difficult to move and fall into a state of exhaustion at a speed of less than 18 miles per hour.

1. "Failing to prepare is preparing to fail." - Benjamin Franklin

Franklin, one of the signers of the Declaration of Independence, and at the same time, as a publisher He was also one of the most successful business operators in the United States of his era.

Poor Richard’s Almanac, the business book written by Franklin, is still talked about today for its timeless wisdom about wealth and planning. Proper planning is one of the principles for building success. To start a business, create a plan and know where you want to go.

2. “Excellence is a habit, not just one or two performances.” - Aristotle

As an entrepreneur, you need The winning strategy must be based on providing users with distinctive high-quality services or products, but this kind of "excellence" cannot be achieved overnight. Only by persisting and trying your best to do everything well can you persevere until the end in this marathon of success.

3. "If you want to be perfect at what you can do, then find out every problem and solve it one by one." - Elon Musk

How to create excellence quality? The answer is continuous improvement. Musk, one of the best risk-taking entrepreneurs in the industry, believes that great companies come from a constant stream of feedback about how you should improve your product, and you have to figure out how to get it, learn from it, and build for it. Achieve success and improve based on feedback.

4. "I believe that failure is just a small collision in the life of an enterprise, which makes you deviate from the target track. My definition of failure is not whether the expected goal is achieved in the end. It’s about whether you tried your best throughout the entire process. ”——Sara Blakely (Founder of Spanx brand)

Whether a failure you have experienced recently can open a door to different opportunities for you. New gate? You should think of it this way: experiencing mistakes or failures is to improve the product or improve the service.

5. "The most valuable thing you can create is a mistake. You can't learn anything from 'perfection'." - Adam Osborne (inventor of the world's first laptop computer) , founder of The Osborne Company)

Making mistakes is part of the marathon. On your journey, it’s okay to fall down, but you have to get up quickly and keep going. Those mistakes and missteps are the most important things you will ever do because they can lead to things changing for the better. You learn more from failures, and the product is improved by discovering shortcomings. You can always do better by learning from your mistakes.

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