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Umbrella friends: some suggestions for overseas students returning to China to start businesses

It is nothing new for international students to return to China to start businesses. Compared with most domestic entrepreneurs, overseas students' entrepreneurship has many advantages, not only because the experience of studying and living abroad is more favored by investors, but also because many preferential policies are specifically aimed at overseas students' entrepreneurial projects. It is precisely because of various advantages that more and more international students are willing to return to China to start businesses. However, there are many things that international students need to pay attention to when they return to China to start businesses. This article is some suggestions shared by umbrella friends to overseas entrepreneurs. Of course, even if you are not a foreign student entrepreneur, this article can have a lot of reference.

First of all, projects that follow subsidies are rarely successful, and the initial path selection requires skill.

20 15 In the final of the Entrepreneurship Competition of the Ministry of Personnel held in Shijiazhuang, nine doctors from Hebi, Henan Province won the first prize, all of whom were high school alumni. Traditionally, smart LED projects should be carried out in first-tier cities such as Beishangguangshen and Shenzhen, with BAT talents and crowdfunding in JD.COM. Many people didn't like this project at first, but they were a little excited to listen to their explanations after the contest began. Nine of them actively went back to build their hometown, and their sales in just a few years have exceeded 100 million, attracting more than a dozen affiliated enterprises.

Many enterprises return to China with subsidies, and few of them are successful. Not only the location, but also the choice of partners and suitable incubators will affect the development speed of enterprises. For emerging industries, opportunities are like strong winds. The wind is coming, the sails are full, and it will take a few days for the wind to stop before rowing slowly. In business, this industry is unprofitable. So before you return to China, you must consider the choice of various paths and speed up the capture of the time window. It is suggested that the paths for overseas students to return to China basically include entrepreneurship preparation, entrepreneurship information, strategy determination, partner search, shareholder structure design, site selection, financing and product listing.

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Second, the advantages and disadvantages of studying in different countries are different.

A large number of startups in Britain are small and medium-sized startups, and each company has very good technical support. British intelligent hardware has a single sales channel, and good products are very easy to be accepted. However, it is difficult for British students to communicate with domestic enterprises because they have not learned how to adapt to the multi-ethnic and large-scale market in Britain. China can give products listed for the first time a fault-tolerant opportunity, and enterprises that can't do it in Ningxia may be able to sell them in Qingdao.

Canada's mild business culture often makes it difficult for overseas students who have just returned to China to adapt to the changes in the domestic market.

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Third, there are many setbacks on the road to entrepreneurship, so we should constantly practice the adversity quotient index.

The advantage of overseas students returning to China to start a business is that they can gain international technological advantages and models verified in different countries. I used to say 360 lines, but now the industry is more diversified. Every industry is constantly changing with the evolution of national policies and technologies, which means that even if all your plans are effectively implemented, there may be a situation that "you were born in Liang". Therefore, even if you have technical and intellectual advantages, you are still facing the practice of uncertainty, and industry organizations will not give you extra points because you are an international student. Starting a business with the mentality of practicing against adversity will have a different entrepreneurial process.

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4. Entrepreneurship policy is not a necessary condition for your practice.

According to the investigation of international entrepreneurial experts, the first reason why entrepreneurs fail is their lack of ability, and the second reason is their lack of experience. The subsidy of 1 10,000 is basically equal to zero for a biomedical enterprise. Even software companies can only find four middle and senior programmers. If you have entrepreneurial skills, you can unite two senior programmer shareholders, and the effect and sustainability are better than simple subsidies. Different cities also have different subsidy policies, but if you start a business in Beijing, the financing valuation will be completely different from that of second-tier cities.

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It is very important to go bankrupt tomorrow.

Many foreign students are used to the slow-paced lifestyle abroad, but the domestic population base is too large, and the speed of industrial evolution is completely different from that of a few years ago. If you understand entrepreneurship as software that you can sell well in Britain, it will be very difficult. All entrepreneurs in China must reduce costs and act quickly.

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Six, clear your entrepreneurial purpose is the most important.

Students of Hebei University put forward that businessmen make money, industrialists make money for the country and entrepreneurs solve social problems. We don't recommend an international student to come back to make money after getting international crafts. Only by forming an organization that can solve social problems continuously can it develop continuously. See if you like this industry and are willing to fight for it.

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Seven, recruitment is the most difficult in China.

At present, China has begun to try the operation mode of entrepreneurial platform from the management mode of large companies. Large companies not only support talent entrepreneurship, but also can directly invest, which is why it is difficult for you to find the right person at once. Finding someone to start a business together is more difficult than finding the right lover. Not only by looking for, but also by cultivating and showing your enterprise to the society, so as to attract outstanding talents consistent with your values. This is a process of time and luck, so be patient.

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Eight, how to choose the starting city?

According to experience, cities suitable for foreign students to start businesses are generally considered from the following aspects. Generally, the preferred cities are North, Guangzhou and Shenzhen, followed by your own hometown, followed by areas where industries gather or markets exist. Don't try it in a place that is not your hometown, because hundreds of thousands of policy subsidies, industries are not concentrated and there is no market. As time goes on, this attempt will be difficult to sustain.

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Nine, the attitude and entrepreneurial skills of the management team of entrepreneurial service institutions are very important.

Basically, international students will adjust their strategic direction at the first time when starting a business. The adjustment between the first time and the second time is very painful. What you get is basically an understanding of the industry, that is, industry experience. A patient and experienced doctor is precious to patients, which also applies to the operators of pioneer parks. If we can find such an institution and check the key path, the chances of success will double.

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Ten, black swan, uncertainty is the normal state of entrepreneurship.

The normal state of entrepreneurs is to face uncertainty. No matter how good you used to be, no matter how logical your math is, if you don't have the ability to adapt to uncertainty, don't start a business. In the past, the laws of physics must not be applied to entrepreneurship, which is a process of facing uncertainty.

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XI。 Suggestions on financing skills

Now the domestic financing environment is very good, so you must look for investment among investors who are familiar with your industry or have invested in your industrial chain enterprises. It is very harmful to blindly accept the investment of real estate developers.

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Twelve. The importance of mutual aid association

Entrepreneurship is a process of expanding effective social network and constantly needing new decisions. It is difficult to provide effective services only by finding a tutor. The most important thing for universities is peer education, which is also very important for entrepreneurial partners. Don't be afraid to take the time to join various clubs and alumni associations, which can form an effective way for you to continuously obtain resources.

Some suggestions shared by the above umbrella friends hope to have some insights into the road to entrepreneurship.

The sharer said:

As a pioneer park manager with ten years' experience in overseas students' entrepreneurial service, we have experienced many business transformations like entrepreneurs, from simply providing property services and policy consultation for overseas students to the first stop to return home with entrepreneurial guidance and rapid expansion of social networks of entrepreneurial enterprises as the core competence. In the process of transformation, what we have accumulated most is the understanding of entrepreneurship, the precipitation of entrepreneurial experience, and the continuous optimization and construction of creditable social networks. So far, I have guided and helped more than 200 overseas students' enterprises, many of which have received more than 20 million US dollars in financing. Through the constant observation and tracking of them, we have mastered a little law of overseas students returning to China to start businesses, and share it with you, please improve it.

—— Liu Gang, founder of Dandelion International Student Entrepreneurship Station