Starting a business is a scientific and serious process. It's important to do objective analysis and research in advance. For example, What are your strengths? What is the value appeal? Who are the competitors? What is the comparative advantage? Who is the target company?" The startup projects that investors are most interested in usually have the following characteristics: large market demand, right timing, clear goals, rapid innovation iteration, and high technical barriers.
Entrepreneurial enterprise refers to the innovative and pioneering enterprise which coexists with high growth and high risk in the entrepreneurial stage. Here are the typical steps to plan for a new startup as shown in the Figure below:
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