This paper aims to investigate the causes leading to the gap between real effect and expected targets of college students’ entrepreneurship in China, and lay a entrepreneurship foundation for the entrepreneurship team. In this paper, the entrepreneurial ability of college students was studied based on objective and psychological characteristics of venture. And entrepreneurship quality and professional quality of college students were analyzed. Entrepreneurship team functions in five dimensions: communication, management, cooperation, organization and service. The enterprise performance was evaluated based on competitive, financial and market performance. Then the corresponding relations among entrepreneurial ability, team functions, all factors relating to enterprise performance, dimensions and performance are revealed through empirical research; influences of social network support and investment on entrepreneurship are validated.