Dry Dragon Venture Charlie: Failure is a routine in the process of entrepreneurship

News and Technology November 1, by the XI ' an high-tech zone Management Committee, the joint venture, http://www.aliyun.com/zixun/aggregation/39746.html "> Entrepreneurship World Cup Organizing Committee, Xi ' an software park undertook the SWC Venture World Cup 2012-2013 season China (northwest) Division-XI ' an high-tech Cup qualifier in Xian opened the curtain.

Founding partner of Dry Dragon Venture

Charlie, the founding partner of Dry Dragon Venture, says failure is a common occurrence in the entrepreneurial process. Although Angels can take money to help young people to the entrepreneurial path, but there is not necessarily an angel to help you succeed, in fact, failure is an experience, but also a study.

When talking about angels like what kind of entrepreneur, Charlie said, one is cast, the entrepreneur is not a reliable, is not honest, is not trustworthy is the point of access to the angel, so entrepreneurs good faith is very important, the second is from the entrepreneur's personal experience, work, life among the choice.

The following is a transcript of Charlie speech:

Good afternoon, ladies and gentlemen, good afternoon. Entrepreneurship is a very fascinating thing, I just sat down, in my mind, memories of a lot of things, two years ago I was a magazine editor, a literary youth, today is also on the road of entrepreneurship, Yang Weiqing, 10 years ago, the small office of several people, now made so large scale. So entrepreneurship is a very interesting thing, entrepreneurship in Beijing, Shenzhen, Shanghai, these are relatively hot, entrepreneurial heat flow has flooded to the northwest, Xian. What kind of entrepreneur do angels favor? First, what is an angel? Some people say that angels are rich people, I feel wrong. Everyone can be an angel, I think Angels can take money to help young people to the entrepreneurial path, there are failures in entrepreneurship, the probability of failure is very high, the angel is not necessarily able to help you succeed, your failure is also an experience, but also a study, failure is the common business process, the so-called angel is to take out their own money, time, Resources, experience and so on, to help young people to round his entrepreneurial dream, to help him embark on the road of entrepreneurship.

Especially in the early days, we now see some startups listed, this is its result, every company has its difficult first day, so the angel is in the hardest time to start a business, help the founders of those people. Early start a lot of things can not see clearly, someone said this line? Is that a reliable one? Can you do it? Can you lose? Can not see the success of this thing, so entrepreneurial angel investors need to have a mentality, earning is luck, loss of the loss, angel investment is not to make money, angel investment is to help young people embark on a pioneering road. When we embark on the road of entrepreneurship, how to change, before there are three the most convenient and convenient way, the first to find your family, find your parents, brothers and sisters, especially parents, baby son to start a business, parents have the responsibility to help you start a business. The second is to find your friends, your college students, colleagues and friends of your company, those who have a special understanding of you, take some money to help you start a business. Three is a friend, a third person, you tell a stranger, you tell him, I have a dream, you pull out the money to let me do my entrepreneurial things, these people joked that is stupid. From this point of view, everyone can be an angel, especially the current Chinese real estate so expensive, you save 10 square meters of money to buy a house, we can experience when three times angel experience.

Angel investors like what kind of entrepreneur, first, venture capital inside, the key question is cast, entrepreneur this person is not reliable, people are not honest, people are not trustworthy. People are ever-changing, how to judge people? Honesty, many of our founders will fail, if spent a lot of energy, finally did not succeed, we all work hard, failure is an honest failure, this can be accepted, early entrepreneurship, there are a lot of people, such as I used to, think that investment was very uncomfortable, failed to desire, We voted for an education company, he wants to make products, advertise, do channels, as a result, the founder put us in the company's money, he added ads, the advertising company is his, the product company is his, the money we put in slowly transferred to his other companies, I think this is very frustrating, because this lost, dishonest, Very wronged, entrepreneurs in good faith is very important. Now college students, business executives, some people take a market report on how big the Chinese market, if the Chinese data, China's population base is big, every market is big, usually you take some data to analyze market opportunities to start, these startups usually will take a long time.

There is also a business from his personal experience, work, life, I recently invested in a company as a landlord service project, the project is very interesting, this person is originally a software company product manager, he has a hobby, often like to study the needs of customers and do products. Shanghai World Expo, he came to some family and friends to Shanghai for a few months, to visit the World Expo, he took a few friends to find a house, and saw the street side of the rental ads, the landlord took them to see a lot of houses, in the process of renting them feel very accustomed to how you have so many houses, A lot of people are living on a pile of vacant rooms, with thousands of them on their hands, hundreds of houses, the landlord used a very simple aspect, with a broken book down the address of the house, size and so on, the entrepreneur said, if I do a software PRODUCT to help the landlord to manage the tenant, to help the landlord to do a software, The condition is to let him live for one months free of charge, he spent several months to develop a product for the landlord to use, the landlord feel useless, you so, I still have to bring a computer running around, although my book is very dirty, but very convenient.

The manager said you have any more needs I help you meet, the landlord told him a lot of things, he finally did one, two, three times, the landlord is unwilling to give it one months of rent, until two years later, the product service, the landlord said I want to use your product, and also to introduce this product to my friends. Because its software can help landlords collect rent. His application at this time, touched the landlord. This project is very reliable, from the process of knowing that his needs are in the pain of overcoming the resulting. 2nd, your project depends on service. We open a big gear and so on, we are more important is through our own knowledge, experience to create the next generation of China's great products, we want to see your entrepreneurial project has potential explosive power. The point is to see if you have an explosive force that can be quickly replicated in the middle of many different urban areas. In addition to this, you this thing is not sustainable development, can become a century-old shop.

Last year there was a funny thing, singing red songs, a person singing red song, have his own explosive power, and then the whole country to sing. In a project to see its potential explosive power, it can quickly replicate, expand, but also have the ability to continue to develop. I also want to see entrepreneurs with great passion, he can have a great passion, he can continue his work, sell his house, sell his car to do, to work, but also not afraid of failure, the early majority of start-up companies will fail, failure is commonplace, after the failure of our efforts again. So, if you are a reliable person to do the project, always hope that people come to me, thank you.