Everyone loans Yang Yifu: Early start-up very excited feel called CEO very good

One of China's most successful internet finance companies, which has just financed 130 million of dollars, has become the largest Internet financial finance case in history. Everyone loan founder Yang Yifu is black Horse master brother, he on May 9, Wuhan Optics Valley TMT Black Horse Contest final site to share their own Internet financial undertaking. The following is Yang Yifu dictation: Internet finance has been very hot recently, and we did get a relatively large amount of financing at the end of last year, 130 million dollars. Because the internet finance is now relatively hot, we just stood in the tuyere was blown up, but far from success. I talk about the entrepreneurial process of the story and the understanding and experience of entrepreneurship, entrepreneurial 32-style. The entrepreneur thinks he's a cow. After the financing is very multimedia and friends ask us, where is your advantage in the end? What makes you so valuable? At the earliest, three of us were financially born, restless, and really wanted to do something, entrepreneur basically inside still will tend to think oneself is a very cow of person, in think oneself cow of premise do want to do something, this kind of circumstance certainly want to do oneself good at thing, according to own academic background do some thinking , but found that there is not much entrepreneurial opportunity in the traditional financial sector. For example, you do not have the opportunity to do the bank and insurance companies, we basically began to focus on some innovative types of financial services industry. At that time saw an industry in the United States personal financial services have been very good market, there is still room for survival, if this model to take to China, to carry out a number of improvements in China's personal financial services in a very scarce market may have a great prospect. But at that time did not think so perfect, just feel that many other needs are already being met by the Internet, such as shopping needs, social needs, consulting to obtain demand, listen to music needs and so on a series of other needs. It may be a long time since some young people do not have more wealth and do not accept personal financial services, so internet finance has not yet entered the financial sector. But if one day there are opportunities, they start to master more wealth, they become the backbone of society, they have the demand for personal financial services, the Internet's philosophy and technology will be combined with this industry. Start a business with the idea that we're starting to do it. Everyone Loans Company, 2307A is our first office number, one office in two halves, we used half. We started out with three people, 115 square meters of room. I was so excited that I rented an office and felt I could call myself CEO or general manager, feel very cow, specifically do what do not want to understand, the website also began to do, three people also have nothing to do, at that time is mainly butt technology product adjustment, then with only one or two employees to the street to send leaflets, With friends and family to do the electronic version of the questionnaire, survey said to do this in the end there is no one to recognize, then the impression of less than 200 questionnaires back, of which there is a question is willing to use the Internet to lend money to aA stranger, only three or four replied that I would. At that time we were particularly excited, but did not feel worried, because everyone accepted, the result is not successful business model out, the idea is actually problematic. But instead of an idea that everyone is not sure of, there is no business model out there, and I think that's normal, without interfering with the idea that it might become a great idea in the future. So far this idea is far from great, but at least it's no longer crazy, it's not unreasonable, we've done it, we're happy. The changes and twists and turns in entrepreneurship all our entrepreneurial stories start with a small office with an English alphabet. We did some medals, our office was changing, we moved around, and then there were about five or six employees and the 2307A medals, and we had a medal for each move. After I finished the questionnaire, I was excited to come back, the demand of the website has been changing, our idea at that time is to be able to line up in June, every time after finish feel dissatisfied here, there is not satisfied, the product here is not good, the product structure wants to adjust, the pattern wants to change, has been changing, we even three people often have the intense discussion There are differences, there are different views, including a color adjustment, a word, how to say, a description and help in the end how to let everyone understand, do a lot of adjustment, than we think about three months late, to the October only online. After the line three of us sat together and opened a meeting, feel that we can not talk about this, and so on for a lifetime site are not on the line, with a pile of things we do not satisfied with the online, we feel that a lot of things to the market to test, if there is no market testing do not know what direction to adjust, Close the door to think also may be disjointed, also with a lot of dissatisfaction to the site to push up, teeth push. Immediately after the launch we found that the product was problematic, we know that in foreign countries especially like the United States credit system is very good, and highly commercialized, the platform itself to do a very light, because you can purchase the results of the credit audit directly from the third party to do some simple verification and correction of data tools, Do not have to collect information about credit audit to users, also do not have to do more credit management work, we feel can copy over, we later found in China is not feasible, China's credit information fragmentation is very serious, a lot of credit information in the partial use of administrative means management, this situation let us feel very depressed. A lot of things you want to take, get after not know true or false, through various methods we go to the rapid occupation of the market is a problem, basically we live two months after the line to start to try to service users through the offline way to obtain credit audit data, we do this adjustment is relatively fast and timely, We are not particularly obsessed with our initial ideas, you should change the time to change, if it is a way to black sometimes is not the way. After two months we have made a big adjustment, so far it seems to be a veryAdjustment. How to find talent in entrepreneurship? Mode is also adjusted, the Web site is also on the line, out of a pile of work, how to do it, there is a live affirmation of their own dry, dry found enough, to find someone to do. In the beginning, it was just someone who looked for someone. As a small company without visibility, there was no valuation, looking for someone is actually a very bad thing to do, so it costs a lot of strength, King, finally not from around the acquaintance began to say, since you think this thing you can do, do not have the burden of heart to say afraid you find acquaintances to delay his future, The only thing he's going to do is come with you. Do not have the psychological burden, your heart must think that entrepreneurship can be. We were so much more focused on looking for people, after work every day will think about whether to find a suitable person, and then to chat, or about the weekend to eat, what people with what people, then in case of lack of someone to find the right person, meet the right people to die. At that time every night is to call, out to eat, as long as this person is willing to come out to eat with you, not so annoying you, three or four months basically no grinding people. As long as it is to take out the most ruthless tricks out, you will be able to recruit the right person, this is no problem. From around people and acquaintances to start, death, and the bottom of the drain. After people find must let everyone have a sense of participation, forming a team, do not or you alone to do things, at this time you have a team, you have to be able to back the team, to be able to put your backside light to the team, with the front to meet the enemy, this time to use group intelligence, this time we face a decision is in the end should go to that road.