Liu: The troubles of "being bankrupt"

Absrtact: A mysterious bankruptcy rumor, a group of scenery unlimited internet companies, let Liu see the mobile internet to Lenovo's great test. But Liu said he is bullish on the future deployment of Mr Yang and is now commenting on history for too short a time. The Summer Palace east

A mysterious bankruptcy rumor, a group of scenery unlimited internet companies, let Liu see the mobile internet to Lenovo's great test. But Liu said he is bullish on the future deployment of Mr Yang and is now commenting on history for too short a time.

The side of the East Gate of the Summer Palace, hidden in a residential courtyard in a building, like a Xanadu. Autumn sunshine on the green brick red door, people have a kind of space-time staggered illusion, quite a bit solitude meaning.

But Mr Liu, who sits here, has enough "grounding gas". November 24, a closed-door meeting of 10 leading Internet entrepreneurs and prominent media participants, Lenovo Holdings chairman, Lenovo Group founder Liu and others to discuss some of his concerns "new issues." In the depths of the conversation, Liu also picked up the pen side of his hand and recorded.

Mr Liu, who has just entered seven, is sensitive to new business trends. In Lenovo holding just opened the "Lenovo holding micro-space", he mentioned that he listened to "Luo thought" quite touched, this person can from "pick up" Leng Lenovo to the "internet thinking" of a large jump to make him a wow, anxious to discuss together.

To the outside world is surprised, in with the netizen interaction, he puts forward to the Netizen the first question is "everybody why likes to see" The small Time "? What's the good of the film? Where did you impress everyone? "

"You mustn't be polite to me because I'm old," he said. "At the discussion scene, Liu pointed to the person sitting opposite to the audience and said," You can call him Lo Zhenyu, that can also call me Liu Old man. "

The troubles of "being bankrupt"

In the opening, Liu first talked about his recent troubles.

One is the recent Lenovo Holdings investment in the core assets of the China car rental successfully listed, Lenovo holding President Zhu Linan came out to speak, very thorough, Lenovo holding public relations colleagues also very hard to spread, Liu took the phone in the micro-trust friend circle wait to see, but no one will Zhu Linan speech forward.

Another is, November 17, Liu on the micro-letter suddenly saw a false news, but he startled himself. "The headline is that ' Lenovo went bankrupt ', then said that a once mighty Leviathan, overnight collapsed, Liu cried, for his strategy to make mistakes to pay a painful price and so on, this rumor is a bit too ..., the key is behind there is a lengthy analysis of why we are bankrupt. "

In fact, Liu also felt naïve. In fact, in the middle of November, Lenovo had just opened a board performance conference, Lenovo's third-quarter performance was particularly prominent, not only the net profit has hit a new high, the market share has been greatly expanded.

Mr Liu went on to cite the example, "on the recent APEC, I saw Yang (Lenovo Group chairman and CEO) was also selected as a representative of China's multinational companies to speak, this matter at least to prove that Lenovo Group will not collapse, how can this (rumors)?" I think the associates of Lenovo Group have to reflect. "

This makes Liu some regrets: to do a business really build brand there are two things, one is to do their own work well, the second is to let people know you have good things. "You now know how to express yourself, but the method is not right, people still do not know, so let more everyone know, this is really learning quite large." "

To be a family business without a family.

is Lenovo old?

According to Lenovo Group's performance, Lenovo still maintained the trend of reverse city growth.

Lenovo Group's second-quarter financial results for the 2015 fiscal year ended September 30, 2014 showed that its smartphone, PC and tablet sales were up to 35.6 million, with nearly 20% per cent of the global PC market, ahead of the two-year targets set earlier. In addition, with the completion of the IBMX86 server business and Motorola mobile mergers and acquisitions, Lenovo has become the world's third largest and China's largest server manufacturers, as well as the world's third largest handset manufacturers.

From the perspective of Lenovo's investment layout, Lenovo Holdings of June-Lian Capital and Lenovo star incubator Investment and Lenovo Group's Music fund joint venture-Le fun game this year after the successful landing in the capital market, achieved a return of about 70~80 times, and Lenovo Group's parent company, Lenovo Holdings, China's strategic investment in September this year also officially listed in Hong Kong, November 24, the company market value of more than 30 billion Hong Kong dollars. In addition, Lenovo holdings in modern agriculture, consumption and modern services, internet finance and other hot areas have already been expanded layout.

Another reality that has to be acknowledged is that Lenovo Group's traditional PC market share, although already ranked first in the global market, but from the overall development trend of the industry, the entire traditional PC sales have been a number of quarterly decline, and in smartphones, tablets in the field of black horse attitude to kill the millet (rolling information) is using "Internet thinking" Subversion of the traditional mobile phone industry, if not the market share of Motorola Mobile, Lenovo Mobile market share has been overtaken by millet.

In the face of the external "Association is not old" question, Liu to reporters, a leader of the enterprise, the chief of the enterprise is always the most important factor in success or failure, one is to have non-stop to go up the demand and momentum, the second is to have the will of perseverance, "The Green Mountains do not relax", the third is to have a strong ability to learn.

If the above several and yang corresponding, Liu evaluation, ambition to go up, to set himself more and more high goals, this is certainly consistent with Yang.

The second is the special strength of Yang, especially after the defeat, biting the teeth can go up again. "1994 years ago, foreign companies were all in China and we were beaten to rout." "At that time, Liu set up a computer division, the appointment of 29-Year-old Yang as general manager," in these years with foreign enterprises in China's competition, many times heavy floating, 2000 Yang also diversified into the FM365 nets, these have failed, a few times fell to the bottom, but he can teeth up. " "

On the 3rd learning ability, Liu, for example, Yang used to blush when he spoke is the Buite type, "Today you and Yang chat again, he talk with foreigners in English, easy to say a joke to do introductory remarks, this learning and business management is not the same thing, but it shows that he dared to face the hardest things to go up to learn." "

"How much impact will the mobile internet have on the business?" These things I think Yang has realized. Maybe he still has a great difficulty in front of him, there is a lot of risk, but he does have a round of deployment, the back of this road is not able to break open, to see if you can work hard. "

"But I am generally optimistic, this is the truth." "said Liu.

In Liu's mind, how to let the Enterprise live long, live well, how to build a century old shop is the first important question.

In fact, one of the biggest problems of hundred years old shop is who is the owner of the enterprise. Liu said that the previous Lenovo Group's merger and acquisition of IBM business, gave him a very strong feeling is that enterprises do not have the owner is not good.

"When we elect an American CEO, he does some short-term behavior because he's setting himself up for five years and refusing to do the long-term planning of the business, so it's a problem." "It's important to have a real owner and Lenovo to be a family business without a family," said Liu. "

"It's too short a time for us to comment on history," he said. "said Liu.

"A boat is better off with bare feet."

In Liu's layout, Lenovo will be a century-old shop, now of course, not old.

He admits that because of the explosive appearance of mobile internet, every industry will be affected sooner or later, and even produce subversive changes, this subversion of some places immediately have an impact, people sudden death, and some places will gradually move past.

"I give a simple example, I can not subvert myself, I ask others to subvert the line?" Mobile Internet things, I can't agree to say, right now must do so in order to live, do not do so immediately to die. "said Liu.

This is one of the reasons for the establishment of Lenovo Holdings. Lenovo was the parent company of Lenovo Group and the single largest shareholder of Lenovo Group in 2001. And Lenovo Holdings is a diversified investment holding company, including "industrial" and "investment" two sectors.

Industrial sector, is Lenovo holdings in some industries in the direct investment of enterprises to provide value-added services, investment plate, is Lenovo Holdings using its own funds and other institutions in the industry funds, to its two independent investment companies to operate and manage, one is the private venture capital of the June-Lian, The other is the investment of Investment fund, investment, after the end of the period, will be invested in the sale of enterprises to obtain returns.

"The ship is turning, but when the ship is big you can make a boat out of it, you can put the boat into a big ship, the ship itself gradually change, I think people as long as it is really understand that there is this learning ability, but also to be able to organize more capable people, this can be done, you say I am not, I really defy. "said Liu.

He took the development of China's Internet as an example, "From 2000 to today, the biggest is Sina, then Sohu, NetEase, there is no Ma Yun, but later in the summary, people boat up." "

"Generally speaking, I think the boat barefoot better walk, the wearer of shoes if dare to throw away the leather shoes, I also bare feet, even though my feet tender point, go to the sand pain point, but I can sell shoes, take money, step by step, get a straw sandals first put on, finally light feet can also. Money is still useful, but it does have to be a state of mind that dares to deny it. "

Not long ago, Lenovo Holdings announced the investment in the three-farm services of the Pterodactyl loan, Liu said, the wing Dragon loans to the Internet way to the countryside, the future will be and Lenovo holding senior vice President Chen Agriculture.

"into unsuccessful really do not know, you do not necessarily buy anything is successful, but you feel good business, can be in the B round C round to invest, in addition to have a vision, but also to see the head of the enterprise, he is the idea of how." I have this idea, I dare to try. "Therefore, in Liu's opinion, the internet thinking no matter what, do have the courage to go to try, and finally summed up the law of success." But the difficulty is that "capital subsidy is very easy, burning money, subsidy after the end can become a positive profit model, this is a difficult point." "said Liu.