Zhou: 90% of things haven't been invented yet.

2014 Black Horse Creation Fair Black Horse Academy inaugural ceremony held in Beijing Olympic Sports Center, Zhou attended and delivered a speech.　　Zhou said Jack Ma's success is because he has a lot of people do not have the unique ability, not be able to simply copy. The following is a transcript of the speech: I think that many entrepreneurs have a bad habit of doing nothing to feel special cows, as if we were going to succeed. Our company has an experience called the press conference law, this share to the entrepreneur: all need to open a conference, can let everybody know of the product, must not be a good product. Good products do not have to open a conference, also do not have to stand up in the industry flap, entrepreneurs to talk to users more to understand the user's ideas, and then let users form Word-of-mouth. We will not talk about a little bit of exaggeration, empty words, our products have not been to find users to verify, it is announced to the lives of the people who would believe it? We should quietly into the village, guns do not, and then wait until the Giants found, our products are almost billion, bat want to copy already too late. Originally I like to run the speech, after speaking, I have limited physical strength, pocket money, I have not had time to dry, found that the Giants have done. Now many entrepreneurs melt a lot of money, advising entrepreneurs not to do so many speeches, in addition to your competitors will carefully read your analysis of the industry, users will always ask a question, Big brother, why do I use your products? What value does your product create for me? How do I use it? Where do I find it? So, any great company, we do not look at him today many cattle x, regardless of Liu, Ma Yun, all of us standing here today, people are too successful, what they say today we all feel justified. But you can not learn from them, because we as entrepreneurs have just started in the industry, we should be as they were, immersed in the user, more attention to our products. I often wait for the plane to see Ma Yun's speech, and then I feel very good talking. But I found that Ma Yun can succeed, he must have some unique abilities that we do not understand. For example, leadership, foresight, such as his inspiration for the team. But many entrepreneurs, do not have the ability of Ma Yun these below the water, you see is Ma Yun every day in the external speech, Ma Yun every day to attend various meetings, many people only learned this point, you still can not get the success of MA. Also, Ma Yun's genius is hard to copy. So, for most of us, maybe we don't have more time to say these words every day, we can only devote our limited energies to the management, operation and polishing of our internal products. Immediately wireless internet will become the next era, some talk about industry 4.0, some people talk about IoT, I prefer IoT this concept. What is the biggest IoT? First, a lot of people put it in a vulgar form called the Internet of Things. In fact, the internet of Things is a technical concept, adding some sensors. IoT, I think, is more than just a bit of technical sensors. It is most important to say that the Internet of products, the business model of the Internet. The future, the best businessMode, is how you through IoT technology, to make a product, the product and your users, and your business connected, in fact, the so-called industry 4.0, the so-called IoT, is to talk about this concept. This will give you more opportunities, when everyone is standing here to envy millet, or envy those emerging enterprises, of course, some of the success of the enterprise after the successful will often do a summary, said So-and-so era has ended, the market first, the second has come out, do not need everyone to enter again. Wrong! I think, the future of Chinese mobile phone will be 1.5 billion on the end, think of all the things that can be seen, from cars to houses, from lights to switches, from spectacles to watches, and even to industrial lathes, containers, and transportation equipment, if all become intelligent, China will have 20.05 trillion devices in the next 5 years will be connected to the Internet, they 7 x24-hour data that's called Big data. So the real wireless internet is just beginning, and the real big data age is just beginning. So, when people today feel that the mobile phone, the internet is so, I just feel that a lot of things have not been invented, a lot of real innovation, a traditional business model, hardware, using the Internet to transform, for everyone, for all entrepreneurs, this means greater opportunities. I very much appreciate "runaway" author KK, recently I spoke to him once, he said 90% of things have not been invented, I very much agree. If the extension of a word, anything, so you will find that the taxi, ordering can be the Internet to transform, and even many traditional business areas, can be transformed by the Internet, all these, I think are called IoT. Remember the early years, every time I go to the Black Horse speech, at that time we generally feel what? It is said that Chinese young people do not have money to start a business, so we are more telling the rich to take out your money. As early as five years ago said the angel is very rare, today everywhere is the angel, our angel investor certainly surpasses the Silicon Valley. Therefore, we have no shortage of money to finance today. In the past few years, with the promotion of many entrepreneurial camps, I feel that entrepreneurial spirit has been deeply rooted. Now young people, more and more from large companies to leave, including no longer to test civil servants, everyone is willing to start a business, and there are many people support your business. Is our business going well? I've been to America recently, I found an important change in the United States, there are many called incubators in the United States, China has learned the incubator in many places to read this warp, many become real estate, to provide entrepreneurs with office space, in fact, the real entrepreneur is not rare office places, You can't even work in a place where you can't develop a program in your garage or bedroom. The United States now has a lot called accelerator, which has a lot of entrepreneurs in the network, regularly to find entrepreneurs, ask a lot of teachers, mentors, to these entrepreneurs to answer doubts. Should turn dark horse business school into a dark horse accelerator, should let a lot of entrepreneurs in the inside can feel, I entered the dark horse does not necessarily need money, I may not lack of money, butI really can get the help from these mentors in terms of business model, product strategy and promotion, I think this is the biggest acceleration of entrepreneurship.