For those recent and future college graduates in China who are hesitant about starting your own businesses, as has been encouraged recently by the State Council as part of its new Entrepreneurship and Innovation Guidelines, my suggestion is don't be afraid of failure. Because when you do fail, there will be thousands upon thousands of other failures out there waiting to offer you their condolences.

You see, 6.4 percent of recent Chinese college graduates said they have the intention of starting their own business this year, twice the number who did so last year, according to Zhaoping.com, a leading employment consulting service. Of those, 60 percent chose food delivery as their preferred entrepreneurial project.

Based on these figures, then, we can statistically expect that most of these budding entrepreneurs with their laughably unoriginal ideas are doomed for failure. Because, really, how many more food delivery services does China need? Luckily, once their businesses fail, there will be other food delivery companies that will be willing to hire them as delivery boys.

Regardless of your success, starting a business is a very noble gesture for the greater good of society. By self-eliminating yourself from our competitive job market, you make it easier for other unqualified graduates to find jobs, as unemployment rates among new graduates are already sky-high. And by registering your own company with the local industry and commerce administration, you boost the number of registered enterprises for the State Council to brag about. It's a win-win, even though you are the loser.

Don't worry about being unemployed. Many Chinese parents today have expressed a willingness to support their adult children who have recently graduated from university but don't feel like working yet. You can laze around your living room watching Tiger Mom and be glad your own mother isn't one. And even if you can't take advantage of your parents, you can take advantage of the government. There are a number of generous welfare programs and unemployment benefits that you can live off of if you don't mind being a societal parasite.

But for those of you who do have the fortitude and intelligence it takes to persevere in the business world, let me tell you what you are in for. First of all, you will have to assume the "69 position." This means that you will be working at least six days a week from 9 am until 9 pm. Forget family, forget friends, forget lovers; you will be married to your business.

Secondly, you will need to learn "business speak;" that is, you can never again talk honestly. Repeat after me: "We are launching our first round of capital financing." This means that your company is suffering financial difficulties. If you want to recruit a partner to suffer alongside you as you struggle, but don't have enough money to pay him, just say: "We offer 0.5 percent shares in the company as compensation once our company goes public."

Finally, the wisest thing I can tell you is to always follow the government's lead. Everything in China is policy-oriented. The stock market, for example, is determined by the directives of the Party. If they want the composite index to go up, they just say so. Then a billion people buy stocks and our economy is strong again. It's the same with businesses. Forget product research or marketting surveys. Just watch CCTV's Xinwen Lianbo, a program for the State to announce economic directives to the public, for their suggestions.

There's an old British proverb that says "necessity is the mother of invention." But we Chinese have an even more applicable adage that says "failure is the mother of success." China's whole history is based on this premise; look how many millennia it has taken for us to finally become a superpower. The same goes with our country's successful CEOs; each rose out of the ashes of their own previous failures.

Millennial Chinese were raised hearing about the wars and revolutions of our forefathers. But just imagine how many better stories you will be able to tell your own children someday about being on the frontlines of business. That is, if you don't get immediately shot down the moment you step onto the battlefield.