What are the advantages and disadvantages of overseas students returning to China to start a business?

Advantages and disadvantages of overseas students returning to China to start a business! Advantages of returning to China to start a business: 1. Advantages of high academic qualifications: Most overseas students have high academic qualifications, which is helpful for returnees to succeed in starting a business. According to the survey, 48% of successful returnees have doctoral or postdoctoral degrees, 35% have master's degrees, 12% are visiting scholars, and 5% have undergraduate degrees. Therefore, Bian Xiao believes that a solid foundation of studying abroad is of great help to international students who are interested in returning to China to start a business. 2. Overseas work experience: In recent years, many returnees have successfully returned to China to start businesses, largely because they have accumulated a lot of work experience, especially overseas work experience. The accumulation of these work experiences is of great benefit to the success of returnees' entrepreneurship. It is much easier for returnees with work experience to start a business than to get a degree of about one or two years after going abroad and then return to China to start a business. 3. Social groups and networks: Returnees returning to China to start businesses not only bring back overseas technology and management concepts, but also pay attention to networks and social capital at home and abroad. According to the survey, nearly 80% of returnees have participated in at least one community, business association and industry organization at different times, such as alumni association, alumni association and pioneer park organization. Participating in these institutions is of great significance for returnees to expand their contacts in entrepreneurial development, know new partners, find and exchange new entrepreneurial information and establish new social relations. 4. Advantages in professional fields: it is easier for foreign students to succeed in starting a business in high-tech fields (such as Internet, IT and communication). 5. Advantages of venture capital: A considerable proportion of enterprises that have successfully started businesses by returnees have obtained the participation of venture capital. This is also a favorable condition for returnees to return to China to start businesses, because most of the principals of international venture capital in China are returnees, and it is easier for them to communicate with each other and be accepted by the international financial market. 6. Entrepreneurial teams and projects: The formation of entrepreneurial teams will help returnees succeed in starting businesses. Returnees returning to China to start businesses often cannot rely on their own strength. Good entrepreneurial team members have the same culture and overseas experience, can complement each other's advantages, propose good entrepreneurial projects, and improve the success rate of returnees' entrepreneurship. 7. Domestic demand and policy support: domestic enterprises are increasingly demanding excellent overseas innovation and entrepreneurship projects, and the entrepreneurial environment provided by the government and enterprises for overseas outstanding scholars is becoming more and more superior, attracting many overseas students to return to China to start businesses! Disadvantages of returning to China to start a business: most overseas students are not familiar with the domestic environment and market, including domestic consumer demand. For example, in the Internet industry, foreign countries have done a great job, but once in China, it may be unsatisfactory. In the process of returning to China to start a business, some returnees often set their goals too high. Once the goal cannot be achieved, they are easily disheartened. Cape network Bian Xiao suggested: