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No Money, No Technology, You Have To Be Thick Skinned.

2010/9/26 17:30:00 71

Entrepreneurship

No money, no technology. Entrepreneurship On what basis, a graduating college student told us that we could still rely on " Idea "


Zhang Xiaozhen, a newly graduated Fuqing boy, succeeded in obtaining the first 100 thousand yuan Angel Fund by starting the recycling project of mobile phone and collecting mobile phone and establishing the first mobile phone recycling website in China. Three or four Vc firms are currently in contact with him.


From childhood, Zhang Xiaozhen, who had a strong start, started his own business at college. Taobao shop Selling mobile phones. Xiao Zhen said that it was the experience of selling the mobile phone that led him to ponder over how to deal with the old mobile phones that people had eliminated, and formed a series of implementation plans for mobile Internet recycling.


However, how to deal with it after recovery? Xiao Zhen consulted relevant information and found that 80% of the old phones could be refurbished and reused, so they sprouted the idea of building a brand of retreading machine. "After recovery, please refurbish the professionals and mark them as refurbishing machines and sell them at a price of 50% or even lower. The mobile phone that cannot be refurbished is dismantled and melted and refined. " Xiao Zhen plotting.


But with the idea, what should we do next? In view of the successful history of idol Ma Yun, Xiao Zhen naturally thought of finding Angel funds and knowing a lot about this information so as to get venture capital.


Later, Zhang Xiaozhen took part in my competition for entrepreneurship, even though there was no program funding. But with the confidence of Xiao Zhen increasing, his entrepreneurial project was confirmed by the audience and the judges. This competition also lets Xiao Zhen understand one thing, "selling ideas and starting a business can be marketed." So, Xiao Zhen met people to introduce their own projects, explore the advantages and disadvantages of this project, and constantly improve their entrepreneurial ideas.


In the end, Zhang Xiaozhen found a person who valued the project and promised to invest 100 thousand yuan in partnership with him to register an e-commerce company. Xiao Zhen said that there were three or four Vc firms negotiating with him. "At the beginning of the business, the company is better looking for investment funds."

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