5Q--A successful case of college students ' entrepreneurship

Source: Internet
Author: User

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I know several of the main founders of the 5Q Zone, which is also a very fortuitous opportunity. Later through the network slowly understand, familiar. Today around February, I first saw one of the main founders of the 5Q zone, Lu Jun. And now, I've become good friends with another major founder, Zhengqui. Also see founder Li Min. Luckily, they became colleagues with them. The following is a general story of the 5Q zone, from a good friend Zhengqui to learn some, together with the previous side of the 5Q information, integrated as a successful case of entrepreneurial success, share with you:


November 2003, Huazhong University of 3 college students in their senior years of free time to create a 5Q zone website (www.5qzone.net), positioning to create a service in the National college students of the website platform, began their entrepreneurial dream, before their three are the Huazhong University of Hust IBM Club core members, due to have the same hobby and expertise came together, in the IBM furniture Le department, often together with each other to learn and exchange, together to do a number of school sites, corporate websites, government e-government sites and so on, established a good friendship and cooperative relations, has accumulated rich experience in the production and operation of the website. In late November 2003, the first service channel on the 5Q website was online with ――5q BT download channel. BT is the abbreviation of BitTorrent, Chinese translation for "bit stream", is a point-to-point protocol based on the file download method, using the BT download client download files, you can get faster than the traditional download speed 5-10 times faster than the download, so in 2003 began to sweep the internet, Also began to walk into the Chinese market in the same year. And in the 5Q launch of the 5Q BT download channel, the Chinese market began to appear some similar sites, in the public network has a number of small personal sites appear, Also appeared a BT resource aggregation website Btchina (www.btchina.net), but in the education network does not have a similar website appears, the market is blank. Because the education network bandwidth is sufficient, the sharing resources are active, therefore the 5QBT downloading channel once launched immediately receives the university student's pursuit, BT also became the most popular network vocabulary. 5Q Entrepreneurial team in the good technical support and good publicity operation, 5Q site quickly to Huazhong University of Technology as the center, to the surrounding universities radiation, and then occupy the National 211 University market, and finally with the help of 211 university leadership and radiation capacity, less than half a year, users have been all over the national universities. In the process, 5Q also met some competitors, including the competition of similar websites of many universities such as Tsinghua University, PKU, Wuhan, Xi ' an Jiaotong university, but 5Q has defeated all the competitors by virtue of its good technical superiority, stable service and fast marketing ability, as well as market leading advantage. became the largest education network is now the only bt download website. May 2004, 5Q website daily traffic reached 400,000 independent IP day, the global ranking reached more than 1200, has a group of loyal users, in the university has a good reputation.


At this time the 5Q start-up team began to look at how to use existing user resources to achieve profitability. Because only a small amount of online advertising revenue is not enough to support the continued development of a website. And because the legality of BT download at that time by the community of doubt, the majority of policy risk, plus team members are technical background, lack of good public relations and image packaging ability, experience network, so it is difficult to find a good risk financing channels. Therefore, the website transformation and the profit-seeking model became the focus of the 5Q start-up team at this point.


first thought is to the direction of the campus information portal development, the channel extended to include news, education, entertainment and other aspects of the content. But because the Portal information website maintenance cost is huge, the team member has the disagreement, the project holds. Then is the introduction of campus blog, at this time the blog in China just started, blog China has just begun to emerge, unfortunately, the process of product development lack of effective control, in the process of promoting the emergence of serious technical problems, resulting in missed the best promotional opportunity. This time began the attempt to e-commerce, first is to try the mode, mainly to buy cosmetics and jewelry, while there is a certain profit, but due to channels, logistics escort, payment methods and other aspects of the immature, there are bottlenecks, and then try to Consumer-to-consumer mode, to eliminate in the channel, logistics, payment and other aspects of the barriers , the project took the form of cooperation with other companies, but also the main operation of the late 5Q project, but there has been no obvious results.


in the 5Q transformation of the same time, the team has further expanded to 5 people, there are a number of part-time student members, set up their own company, share distribution using the average distribution method. But there is no job arrangement, there is no obvious division of labor, in the specific decisions adopted by the minority to the majority of the method.


August 2005, Lu Jun and other people founder of the "5Q zone" site, which has the most luxurious community website in China, the Thousand Oak Interactive Group attention, 5Q Zone development has been a huge change. The group decided to join the injection, the first investment more than 2 million yuan on the "5Q zone" site transformation, and in a cooperative manner, for Lu Jun and other people set up a network company.


At present, this cooperative company, not only the BT community, but also includes 5Q Campus network, 5Q broadcast PA, 5Q education portal and other products. More than half a year, the number of companies also expanded to more than 100 people in Wuhan area is also counted as one of the largest network companies. Company development trend is good, company culture, team culture is obvious, become the most famous university graduates choose the best employment Enterprise!





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