Family entrepreneur Chen Pihong: Five laws of Internet entrepreneurship

The picture is Dr. Chen Pihong in Tsinghua University, Sina Science and technology news December 3, known as the "series of entrepreneurs," the United States Acer Road Company and Huamei Grand Company founder and CEO Chen Pihong in Tsinghua University in Friday to address,　　and college students share his experience from the Internet in the 15, summed up the five laws of internet entrepreneurship. Chen Pihong divides 0 to 100 into five levels, each of which represents a law, and each law is validated by his rich entrepreneurial experience.　　Dr. Chen also used his entrepreneurial experience and small story to explain the five laws, the easy to understand the speech to Tsinghua University students left a deep impression. The five laws are: first, the law of 0%. The law of 0% that Chen Pihong understands is free.　　Chen Pihong said that the Internet is different from the traditional economy, free is one of the most important business model, that is, the provision of basic free services, through value-added services to charge or transfer fees, including search engine of Google, VoIP network telephone Skype is a typical representative of this model. Inspired by the law of 0%, Dr. Chen Pihong founded in 2006 a magnificent company offering online services via the Internet.　　Huamei Hongda focuses on enterprise human resource Management informatization, provides internet-based service CHRM, and the main mode of implementation is to provide free trial.　　Chen Pihong revealed that the magnificent flagship product also released a free version of the chrm*60 last week, which is inspired by the law of 0. The second is the law of 20%. Chen Pihong's 20% law is the 28 law we often say, and this law applies to the Internet industry as well. Chen Pihong says countless experiences show that 80% of the profit from 20% of the product, 80% of the customers only use 20% of the software features, so Internet entrepreneurship to follow this law, the main focus on 80% of the customers most commonly used in the function or service, and should not pursue all-inclusive,　　So waste too much energy on the features that users don't use. Three is the law of 50%. Chen Pihong said that 50% of the law that Americans often say half a cup of water cup, should be considered half full or half empty, entrepreneurs should see the optimistic that the glass is now half full, there is hope, rather than see the other negative side, the glass is half empty.　　Chen Pihong said, positive and optimistic attitude is an internet entrepreneur must have mentality. Four is the law of 90%. Chen Pihong's 90% law is what the Chinese often say. Many times, entrepreneurs tend to fail to carry the dark before dawn when they are close to success, and there are countless examples in history.　　Therefore, Dr. Chen Pihong suggested that entrepreneurs should maintain an optimistic attitude, at the same time, when the enterprise is about to be successful, not to buy mergers to expand market share, the majority of the acquisition is a failure, so before the acquisition must seriously think about. Five is the law of 100%. Chen Pihong says the 100% law of globalization is that 100% has come.Sentiment, China's trend towards the world and High-tech is inevitable.　　China will take more responsibility in the future to share the benefits of more economic globalization, so internet entrepreneurs should not only focus on the domestic business, the vision should be in the context of global economic integration to think. Chen Pihong, a well-known Chinese entrepreneur, is known as a "series of entrepreneurs" for a lifetime of entrepreneurship, and its 20 years of career and entrepreneurship are closely linked, whether by starting a company or investing in another company as an angel investor. (Xunli)