91 Wireless Hu Zemin: How do I choose

November 26, the 2013 Venture capital conference opens at the Millennium Hotel in Beijing. The theme of this annual meeting is "subversion", the entrepreneur and the investment community representatives took turns, reviewing the 2013 year of the Big Circle event, exploring the 2014 innovation model and new business pattern. 91 Wireless CEO Hu Zemin a speech at the meeting to decrypt the thoughts on entrepreneurship, 91 of these old Karez, and the art of choice. The following is a live record: Hu Zemin: Thank you very much! What is a choice? What choices have I made over the years? Or what has been done to make me have today such an achievement, remember when I was just graduated from college, my first choice is to open their own company, but also fooled a good friend in the United States to do food processing trade. Of course, the result may not be so easy. What was the second choice, the choice to merge my former company with my former boss? At that time we thought that China's healthy food is a very big market, thought the American GNC in China very has the market, can put this concept to the community, constructs a community health center, at that time the result is not so ideal. I have a third choice, a satellite positioning platform, I took 2 million dollars, opened a company, just started to do well, at that time the entire network does not support monitoring, at that time we have a lot of opinions, some people say, we have to meet the needs of investors, to do new concepts, I say it is not feasible, Why do you do that? So I then choose to read an MBA, when I was about to graduate, a classmate called me, so at that time ran to Fuzhou, the network is very interesting, so I finally entered what we call the Internet industry. Of course this is one of the most important point is that this is what I do in this life the most right thing, because I from the game industry, the game industry to bring me a understanding of human nature, the Internet understanding. So I think this is the first time in my life to do a right choice. And, of course, because I had an MBA before, so after doing well, will be on the market, in this process, I myself also very clear, I do not like to do this, but in 09 I saw 91, when I saw my friend always owed, there is this problem, that question, I think I will do better, I'll take it with the company, so this is the second right choice I've made in my life. Of course, the choice may be based on the previous experience I have done satellite positioning, because of the satellite location, I'm seeing him. The whole composition is a few modules, one is the communication module, there is a transmission module, loaded a lot of things, so we see these value-added services are no novelty, So I accepted 91. And 91 in here in fact I think the best possible point, of course, the 1th, is that I have an opportunity. The second is not to say that our products are doing much good, but that we have to the entire user, the ecologicalBetter understood, also because before this we have the commercial experience, at the earliest time when we are doing trade, when I am holding a backpack inside the rice noodles, can go to run, go to the manager of each supermarket, you enter my goods. So think back to the past, whether it was in every point of life, maybe before my choice was ignorant, but in the back I began to consciously know, what I want, what to do, even to our 91 this choice to be acquired, I think 91 need a larger platform to support development, may be right, may be wrong, This is my intuition. So I think the founders here are the same, we may face different choices throughout our lives, and this choice does not have much impact on your entire life, and some choices are less important in the early days, but more and more important behind him, and many of the choices he requires you to have early precipitation to help you choose But how to make a choice is becoming more important, thank you!