Seven Problems That Must Be Solved In Entrepreneurship

Development in China

First, how to locate the government.

The government can not manage everything. This is a matter we must pay attention to.

Two, how to raise

The sources of capital are two ways: foreign capital and domestic capital.

Capital raising is nothing more than direct financing and indirect financing.

Direct financing channels for listing are subject to strict scrutiny, and general enterprises are unable to enter.

Similarly, bonds issued by enterprises are also strictly limited.

Indirect financing is very difficult for small and medium enterprises, because they are generally less assets, can not be mortgaged, no credit history, lack of specialized service institutions, the loan amount is small, and there is discrimination on ownership.

Of course, small and medium-sized enterprises themselves are mixed up, but also make some potential enterprises buried.

Therefore, it is urgent to introduce venture capital with high risk and high return to meet the demand and supply of the market.

Three, how to recover investment.

There are generally two channels to recover investment, one is listing, the other is two.

Four, how to cultivate adventurous entrepreneurs and visionary venture capital.

Entrepreneurs must have foresight, adventurous spirit, professional knowledge and organizational capabilities, and fully mobilize the people around them to maximize their wisdom.

At the same time, how to cultivate venture capital fund management talents is imminent.

Venture capital management is a highly professional work. It requires the operation experience of financial market, the ability of marketing development, the relevant policies and regulations, the legal background knowledge, the keen insight of the market and the macro grasp of the international market and the domestic market.

We must not simply equate technology developers with venture capital managers. There are essential differences between them.

Five, investment and financing service system for small and medium-sized enterprises.

Venture capital is only a way for enterprises to carry out capital operation. "Huashan is not only a road".

We should open wider to the outside world and do not "go through a single log bridge".

For example, the credit guarantee system.

Japan's SME credit guarantee association is funded by local governments and local public organizations. There are now 52. The main business is to provide guarantees for small and medium-sized enterprises to borrow money from financial institutions.

In addition, there is a Japanese venture capital fund for SMEs to invest and finance. The Japanese government, the Japanese Development Bank and non-governmental organizations have jointly funded the establishment of a sound fund for industrial foundation, providing guarantee for publicly issuing bonds for the venture capital fund.

Six, how to establish an effective incentive system.

People go up high.

How to motivate technicians and managers? We should make clear that people's motivation needs are multilevel and pluralistic.

In the chain of needs, demands and satisfaction, the incentive needs to be reflected in many aspects: for example, American scholar McClelland thinks that the needs of power, the need for attribution and the need for achievement are the main points of Adams's view; and Adams, starting from the need of fairness, thinks that people are always comparing horizontally and vertically, and considers that personal income, personal investment = reference to people's remuneration and reference to people's input; Victor Ferom believes that motivation is the ratio of valence to expectation, and motivation is directly proportional to titer and expectation.

Previous studies fully reflect that entrepreneurs are also ordinary people, and their incentive needs can not be ignored. We must try our best to satisfy them and form positive reinforcement and promotion. Otherwise, there will be a series of negative reinforcement effects, such as incentive needs, frustration, efficiency reduction and so on.

In addition, we should attach importance to the choice of incentives, especially the research and exploration of long-term incentives.