YouTube founder Chen: Entrepreneurship is doing the right thing at the right time

Chinese kid Chen, who runs the world's largest video-site YouTube, is a wonderful business story and is worth chewing on. With the 20-month earnings 13 billion: The autobiography of YouTube founder Chen, we have summed up Chen's entrepreneurial path. 1th Stage: More urgent work, six months of graduation can not wait in Silicon Valley's entrepreneurial history, YouTube launched the "video sharing" the potential of unlimited network demand, since then created a "video transmission", "video Social", "video Marketing" and a series of new internet lifestyles. Sell the video website YouTube to become a "billionaire" year, Chen 28 years old. Chen was born in August 1978 in Taiwan, love to computer, primary school 6 grade is the first program to write his life. After entering the Illinois State University of Champagne (computer science in the top 5 in the United States), the whole day with computer enthusiasts, the normal academic caution. After the temptation of Silicon Valley work, although only half a year away from graduation, resolutely dropped out of employment, joined the venture less than 1 years of PayPal company. Chen said: "I dropped out of school last semester, others are out of school to start a business, I was the situation is to drop out of employment, only because Silicon Valley job opportunities are too tempting." "Add PayPal In addition to personal interests, is to a large extent, the trust of the relationship between the students, and is young and arrogant." Many of us are too rational to think, and finally become indecisive and cringe. If you do not hurry to PayPal work, do not say 3 years to become a millionaire, but also to meet the future of the entrepreneurial partners, may not be able to stand on the technological tide above the waves. From this point of view, dropping out of employment for Chen is the necessary basis for future high-profile life. Of course, objectively speaking, Chen dropped out of employment in his environment, the courage needed is much smaller than ours. The 2nd Stage: Entrepreneurship more urgent, high-paying work can not stay Chen is lucky, the PayPal company to join the final successful listing, and become a millionaire. To enjoy the listing of the fruit is Chen Lucky, greater luck is to know the future of the entrepreneurial partner Chad Heli. Chad Heli is PayPal's only early designer, his company logo designed for the company by PayPal and has been used. Chen said: "In February 2002, PayPal listed on the Nasdaq, not only let us become millionaires, but also let us build their own circle of friends, in the Silicon Valley root." Because he and Chad Heli and Jade Kalim later co-founded YouTube, Chen is qualified to say in Silicon Valley root bar. PayPal and ebay because of the high degree of interdependence, after the PayPal listing 5 months, ebay quickly acquired PayPal. ebay's corporate culture makes Chen and other old PayPal staff difficult to adapt, and PayPal start-up period the most obvious difference is: The engineer lost the "right to speak", can only listen to the field of the top shots. 3 on ebay.Years later, Chen finally summoned up the courage to resign. "I really want to try to be assertive, and I'm thinking about starting a business, and I can't just write it out," he said. The 3rd stage: Follow my heart more urgent, the past is not so great. It was a time of popular video equipment, with small video recorders and video-enabled handsets being fashionable in the hands of young people, many people like to bring a VCR to the party, and then over and over again to see the scenes of friends joking and even mischief. Chen and Chad have noticed many startling videos and their upsurge in crowds, but it was easy to share photos among friends, but it was hard to share videos and movies. This stimulated their entrepreneurial impulses. Why YouTube is a shared, not a dating platform. Chen's answer is that not all success starts with a shocking story as the novel writes, it's usually just a simple idea, some kind of impulse to a small demand, and then an adjustment. YouTube is also the beginning of the same, no one knows what it will eventually become, but they like, think it will bring more and more people to facilitate, they continue to go forward. Every entrepreneurial success is a component of luck, and Chen's entrepreneurial example is also indispensable. Whether he dropped out of school and met a start-up company, or met the perfect entrepreneurial partner, or catch up with video technology mature background. However, we should also note that luck will have everyone, and it is important to be able to hold on to it. "Doing the right thing at the right time" is always a challenge for us. To do this, Chen believes, entrepreneurs have to develop their own insights into the analysis and understanding of technological trends, or they can only let their luck slip away. Of course, Chen decided to start a business, there is also a very important reason, is the entrepreneurial partners return to the position. Chad Heli, who moved to Seattle a few years ago, moved back to Silicon Valley with his wife and newborn child. Together they decided to create something, so the business started. Entrepreneurial hardships began, the legend also officially opened: The first 10 engineers recruited from PayPal old colleagues, no venture capital, no salary; Buy servers and bandwidth maxed out credit cards; got the first round of investment from Sequoia Capital 3.5 million dollars ... In November 2006, YouTube sold 1.65 billion dollars to Google, Chen, like many Silicon Valley people, after selling their company, leaving the inevitable choice. "My favorite is to indulge in golf and tennis?" Is it? Do you enjoy Google's high salaries and vacations? If the big company is not my favorite, then I will leave, if the favorite or entrepreneurial, then in Silicon Valley to rent an office to start again. Chen in his life, so ask himself.