Entrepreneurship Journey

这是一篇关于Entrepreneurship Journey的思维导图，主要内容包括：1. Motivation to Start the Business、2. Entrepreneurial Mindset、3. Challenges Faced。

Entrepreneurship Journey

• 7. Future Direction
  • Expanding into IT and media industries.
  • Improving employee training and efficiency.
  • Diversifying investments to balance risk (beyond just restaurants).
• 6. Funding Sources
  • Self-funding: Generated initial capital through consulting and stock trading.
  • Reinvestment: Used profits from early ventures to fund future growth.
• 5. Innovation and Success
  • Systematization: Streamlined operations to expand quickly.
  • Process improvements: Constantly refining the business model.
  • Success through practical adjustments and process-driven innovation.
• 4. Venturing Process
  • Started small with ventures during university.
  • Gained experience from consulting and early businesses.
  • Scaled through iterative learning and adjustments.
• 3. Challenges Faced
  • Managing cash flow: Keeping liquidity to avoid business issues.
  • Employee efficiency: Difficulty in scaling due to staff performance.
  • Scaling the business: Expanding quickly while maintaining control.
• 2. Entrepreneurial Mindset
  • Identifying opportunities: From jewelry store to restaurants and short dramas.
  • Risk-taking: Treats entrepreneurship like a calculated gamble.
  • Innovation: Continuously improves processes (systematization in restaurant operations).
• 1. Motivation to Start the Business
  • Personal motivation: Early exposure to family business (arcade).
  • Professional motivation: Financial independence during university (jewelry store).
  • Desire for autonomy and success.