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How do Chinese start businesses in the United States? Successful people talk about the road to entrepreneurship
How do Chinese start businesses in the United States? Successful people talk about the road to entrepreneurship
Huasheng News in Atlanta: In order to serve the Chinese community in Atlanta, the Chinese Christian Church in Atlanta recently held the sixth lecture series of "Whole Person Care" in 2006, with the theme of "Chinese in "The Road to Successful Entrepreneurship in the United States", Wan Li served as the speaker. Wan Li shared his rich experience in successfully establishing many companies in the United States, which benefited the participants a lot. According to North American World Journal, Wan Li pointed out that Chinese in the United States can be divided into first-generation immigrants and Chinese born and raised in the United States. The advantage of first-generation immigrants in starting a business in the United States is that they are highly educated and cautious and self-disciplined. However, because I am in a foreign country, I will inevitably suffer disadvantages in terms of language, psychology, creativity and network resources. The second generation of Chinese immigrants have the advantages of both Chinese culture and American culture. Wan Li said that entrepreneurship means discovering and seizing opportunities, finding resources, organizing them, developing them systematically, operating sustainably, and creating profits. According to statistics, when starting a business in the United States, the loss rate of a new company within five years is about 90%. The risk is not low, but it is much better than other countries. It is easier to start a business in the United States than in other countries because the United States has a sound legal and financial system, legal steps to follow, and the government provides many tangible and intangible protections and preferences that are not available in most other countries. However, Wan Li pointed out that due to increasingly fierce competition among enterprises, the life cycle of new enterprises is getting shorter and shorter, especially in the technology industry. To be able to operate sustainably, they must survive many challenges and blows. From exploring opportunities to deciding on a business model, to setting goals, strategies, plans, team formation, and execution, a series of processes require vigilance and flexibility. He said that planning, technology and marketing are all indispensable, and they must be considered together at the beginning of a business to be sure of success. Wan Li defines entrepreneurial success as reaching an annual turnover of tens of millions of US dollars within 10 years at the earliest and breaking through the scale of 500 employees. He said that current employment does not mean that there is no opportunity to start a business, and employment can be used as a preparation period for starting a business. A successful entrepreneur must have some innate and acquired personality traits and conditions. Wan Li pointed out that affinity and leadership are basic elements, a high tolerance for uncertainty, the ability to control one's emotions, and a high EQ is more important than a high IQ. Know how to adapt to the general environment and atmosphere, and seize opportunities. If you go with the trend, you will get twice the result with half the effort, and if you go against the trend, you will get twice the result with half the effort. For example, Yang Zhiyuan, who founded Yahoo, is an example of successful Chinese entrepreneurship in the United States. He knows himself and his enemies, and can advance and retreat in the best interests of the team as a whole. Wan Li said that most Chinese people are professionals who have made extraordinary achievements in their own professional fields. If they have the opportunity to start a business, they will inevitably feel arrogant. However, to successfully start a business and operate sustainably, you must become a generalist who can be humble. , can attract talents and use the strengths of others to make up for one's own shortcomings. He reminded people who are successful in starting a business to avoid being "complacent."
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