10 startup my four failure summary

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First Venture: 1999-2003

1998 years NET, issued the first commercial mail, received a reply, found that the charm of the network, then the business platform is not much, but there are a certain scale or quite a few. Remember that there was a million * business network, there are a few charges of the site are very good

September 1999, my first business station: China's product resource network also came out (HTML page). Suddenly the world has changed, took the money of foreigners is different, China's it are elite, turtles came, venture capital came, Ali out! The whole country is boiling, electronic commerce is like 2 times Industrial Revolution, By many experts that is the replacement of all the traditional new * *, China in 5 years, * * * and other traditional media should be replaced by the Internet, a time of uproar

I also go to talk about VCs, I told the wind to say, I want these money is to do the market, I plan how to do, how to profit (do Enterprise Services, membership system, E-commerce integrated into the business model of the operation of the organic combination).

VCs surprised to tell me: you this is not to do the Internet, you are doing industry!

I said: How to survive without profit?

VC said: Listed, do eyeball!

Failed n times, finally have a willing to invest in the people want me to make a detailed proposal ....

One night the Nasdaq plunged, investors said: "Suspend all Internet investment!"

The first winter of the internet came

2000-2001, turtle company stranded, Tsinghua scholar back to school

The ordeal, finally passed, the rich people have no money to winter, it is painful, no money people winter is relatively simple, straw is a good material to keep warm, to the enterprise to build a website, no money to burn, to get some straw heating

Service enterprises generally from the Internet to obtain a certain income, we Chinese enterprises are like fooled, you do not cheat, your customers will be robbed by other opponents, you go to collect service fees, they tell you, no effect, is it cheaper? Rely on the 100w$us also effect is not good, I took you!!!

Soon to the end of 2002, SARS came, 2003 SARS outbreak, restricting the mobility of people led to the rapid development of E-commerce era, access to a good government anti-SARS project, October, left the Yangtze River, to the South development!

The first time to start a business, 5 years, compared to failure!

The summary experience has (whether right or wrong):

1. Follow the big direction, it is true, but it is not necessarily possible to succeed!

2. The customer is always right, but the customer is not always with you, if there are more beautiful lies, customers will experience lies

3. Looking to the future, your angels are attracted by your future.

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