Cai One of the most entrepreneurial investors

As a well-known angel investors, Cai is not the reputation of the peak, but definitely known as one of the most entrepreneurial investors.

The first CAI wins the internet starting from the investment domain name, he has both the South's shrewd and the North's courage, after several consecutive years of successful hosting of China's Internet Webmaster Conference, was called the personal website Godfather, he was rooted in the grass roots, he has a great enthusiasm and recognition, he had a widely circulated famous saying Like grassroots and tens of thousands of users, there are users have everything.

Baidu Encyclopedia so introduced Cai-Cai in 2000 when the dotcom bubble burst into the Internet domain, investment domain name and achieved great success. May 2003, founded 265.com, and was acquired by Google in 2007. 2005-2007 years, held three consecutive sessions of China Internet Webmaster, by the vast number of webmaster as a personal site godfather. 2007 years later, began to invest in the network, has invested dozens of excellent websites, become China's famous angel investors, with a surprising speed to complete from the traditional businessman to the emerging industry leader in the role of conversion. After the beauty mobile phone Meitukiss project, Cai himself as the chairman of the United States Mito.

Cai among the many angel investors, is a true role model for entrepreneurs. In his eyes, there is no positive and eight business model, that is, relying on one or two "must kill skills", in the Internet space to kill a sunny road-although for a long time, he was always ignored by the internet industry. Its entrepreneurial philosophy is the demand and flow for the first, that the success of entrepreneurship is to maximize the understanding of user needs, and then use the simplest and most direct product functions to maximize the satisfaction of user needs, in order to gather up huge user flow resources, this is CAI wins the road to success on the successful one.

And so, in his investment standard, he always tries to find the lowest threshold to intervene and get the highest value in return.

It seems that the world has become the golden rule of Internet entrepreneurship today. Believe this sentence is also won the heart of Cai, roots of his, also prefer grassroots entrepreneurs, users, traffic, products and data have paranoid believe. The success of the U.S. Mito, let Cai in the mobile Internet industry fame, for mobile internet, he also has his own unique insights, he said: "The traditional industry and mobile internet integration market space is very large." Because the mobile internet is now more than just fashion, but a prerequisite for everyone's life. ”

In the recent Chinese Internet Innovation competition, CAI, as a pioneering mentor, put forward 10 suggestions to entrepreneurs, according to their own entrepreneurial and investment experience, summed up and summed up some of the problems to be noticed in entrepreneurship.

10 tips for Cai to entrepreneurs

First, do not try to sell ideas to change money, creativity is not implemented is worthless, with countless ideas than down-to-earth action.

Second, start-up companies, if the founder and senior executives are paid high wages, the probability of success is very low. Almost 99% of the cases I've seen testify to this truth.

Third, at this stage rely on individual efforts hard to succeed, entrepreneurs need to build a team, the team must have a proficient in product, marketing, management and other fields of talent.

Four, you can work together to do the project, improve the concept and seek investment at the same time, so the risk is small.

Five, to give the product a catchy good name, easy to spread.

Six, to do products, must comply with three principles: there is demand, there are advantages and benefits.

Seven, good products are constantly honed in the process of continuous dressing gradually formed. On the Chinese Internet, when the number of users reaches a level, it needs to be crossed.

Eighth, entrepreneurship to think about three years after the overall market and industry patterns. See the possible future changes, how you do, in what position, you will be more valuable, not only guarding an acre of three points.

Ninth, the user will certainly have a business model, and never think of a good mode to find users.

Tenth, every killer application is a traffic entry. To put an application to the extreme.