Why can't young people think about getting rich before starting a business?

Cao, a famous entrepreneur in China, said that today's young people are different from our generation. If you register your company today, you'd better go public tomorrow and become the richest man in China. This is their idea. Cao said in his unique language, so young, if you become the richest man, what should you do after your thirties? Stop being a man and be a fairy.

With the continuous advancement of economic transformation, a new wave of venture capital is emerging in China, and more and more young people are eager to participate in it. Today's market is different from the first entrepreneurial tide in China in the early 1980s. For young people, today's entrepreneurship has stood on the shoulders of their predecessors. After 40 years of reform and opening up, China's market economy system has basically matured, and venture capital is not only under the pressure of various ideas like its predecessors, but also supported by the government and banks. However, from another perspective, the market 30 or 40 years ago was still a blank sheet of paper. As long as you are good at thinking and willing to endure hardships, it is easy to open up a world for yourself when you start a business. Today, the market is basically saturated, and the efforts to open up a new world are no less than those of the previous generation. Even due to fierce competition in the market, the possibility of successful entrepreneurship will be far lower than expected.

For today's young people, engaging in entrepreneurship still faces a realistic problem that the older generation of entrepreneurs have never faced. For decades, on the journey of reform and opening up, there have been many successful entrepreneurs, especially many rich people. Most of these people who entered the rich class succeeded by their years of hard work and seizing market opportunities. It is entirely appropriate for them to become role models and inspirational goals for young people. However, when the whole society focuses the spotlight on the rich, especially the emerging rich list, it also has a strong role in showing off wealth, which makes young people have an impetuous psychology, as if the goal of starting a business is to get rich. Many young people are engaged in entrepreneurship. As Cao said, the dream is to register and start a business today, go public tomorrow and become the richest man the day after tomorrow.

This mentality of "eating a fat man" reflects the bad influence of the impetuousness of the whole society on venture capital, which is very harmful to young people's entrepreneurship. Looking back on the entrepreneurial process of the older generation, some great entrepreneurs who have made great achievements today, such as Cao of Fuyao Glass, Liu Yonghao of New Hope and Zong of Wahaha, all started from the most humble business when they were young. Even Li Ka-shing, the richest man in Asia who shocked the world today, started as a "road broker" when he was young and lived in the streets of Hong Kong. When they started their business, they never thought that they would become rich or even the richest, but walked to the top step by step. Behind them are countless non-rich people who have started businesses for decades. So far, there is only one small workshop and one small shop. Perhaps these "little people" do not contribute as much to society as the rich, but it is they who form the foundation of social economy. They are equally worthy of respect and successful entrepreneurs.

Of course, today's market is more developed than that of that year, and the capital market can help some entrepreneurs realize the "popcorn" expansion of wealth, especially at the moment when "internet plus" is popular, entrepreneurship has a new way out, and it seems that it is no longer a dream for some young people to have a shortcut to get rich. But no matter what kind of venture capital, it is necessary to analyze the market accurately and bear the market risks. In the capital market, there are indeed so-called entrepreneurs who fool around with a concept and even get rich overnight through the capital market. However, this deception of the concept of trafficking can be successful for a while, but it cannot last for decades. Once the bubble is punctured, not only will the dream of starting a business be shattered, but it will also affect a lifetime. In the capital market, there are not a few people who end up in a big fight because of flickering.

The market has developed and changed, but the down-to-earth and diligent spirit needed for starting a business will never be out of date. A real entrepreneur, even if he succeeds in starting a business and becomes a rich man, still dare not slack off. Li Ka-shing was still running his business in his 90s, and only recently retired. Cao is an old man in his seventies, but he still works more than ten hours a day. He is as diligent as a robot on an assembly line and never claims to be rich. There is nothing wrong with young people wanting to have ideals and get rich. However, when a young man is committed to starting a business, remembering the warnings of his predecessors in the industry and learning their fighting spirit may enable him to withstand various difficulties and succeed on the road to starting a business.

Down-to-earth, you can't imagine eating a fat man in one bite.

Source: China Youth Daily